The first month of the year 2016 just ended and we are now in what they call the “love month” of February.
Before you think about the Valentines Day, we are writing this article to remind and guide you of the basic tax and payroll deadlines for the month of February 2016.
Important Note: For those with other special reportorial requirements specific to their nature of business and industry, you may refer to respective government agencies websites for details of your compliances for the month.
GOVERNMENT FORM | DEADLINE |
| Monthly ESALES submission for taxpayer registered and using CRM/POS – for the month of January 2016 | February 8, 2016(even numbers) February 10, 2016 (odd numbers) |
| Monthly Withholding and Final Taxes payment and remittance (BIR Form 1601C / 1601E/ 1601F with MAP (Monthly Alphalist of Payees)) – for the month of January 2016 | February 10, 2016 |
| Social Security System (SSS) payment and remittances – for the month of January 2016 | February 10, 2016 |
| Philhealth (PHIC) payment and remittances – for the month of January 2016 | February 10, 2016 |
| Pag-ibig (HDMF) payment and remittances – for the month of January 2016 | February 10 to 25, 2016 depending on the first letter of the company. Click here for more details of the deadline |
| Monthly Percentage Tax Return (BIR Form 2551M) – for the month of January 2016 | February 20, 2016 |
| Monthly Value Added Tax (VAT) Declaration (BIR Form 2550M) – for the month of January 2016 | February 20, 2016 |
| Submission of Duplicate copy of Signed BIR Form 2316 (Certificate of Compensation Payment/Tax Withheld) by employers with employees qualified for Substituted filing – for the calendar year ended December 31, 2015 | February 28, 2016 |
