J.T.L Accounting and Bookkeeping Services & Company

Three (3) eCARs for donation were successfully released today. Thank you to our client for the trust and confidence in handling your eCAR.

Ganito din ba doll shoes mo pag malapit na ang Tax Deadline and audit season, at my LOA?

BIR Targets ₱3.1 Trillion Collection for 2025 — Amid Ongoing LOA Suspension

The Bureau of Internal Revenue (BIR) has set an ambitious ₱3.1 trillion revenue target for the year 2025 — even as the agency continues its temporary suspension of all field audits and LOA issuances under Revenue Memorandum Circular No. 107-2025.

The suspension, announced jointly by the DOF and BIR, aims to review and reform audit practices following complaints of LOA misuse.

While the BIR has not yet released detailed strategies for meeting the 2025 target, the revenue goal forms part of the national government’s overall fiscal framework for next year.

Observers note that once the suspension is lifted, the agency is expected to reinstate updated audit procedures while continuing to strengthen digital tax systems and taxpayer compliance programs.

More official guidelines are expected as the BIR completes its internal audit reforms.

🇵🇭 DTI SAYS: ₱500 CAN STILL MAKE A NOCHE BUENA — REALITY OR POSSIBILITY?

The Department of Trade and Industry (DTI) recently stated that Filipino families can still prepare a simple Noche Buena for as low as ₱500. But what does this really mean for consumers?

DTI clarified that the ₱500 budget refers to a basic and minimal Noche Buena package, focusing only on essential items such as pasta, sauce, bread, or other small essentials—not the full traditional spread most families are used to.

In reality, the actual cost of Noche Buena will still depend on:

🔹 Brand choices
🔹 Size/quantity of items
🔹 Current market prices
🔹 Promotions and bundles in supermarkets

While prices of some selected items remain stable, many households feel the impact of inflation—especially those preparing meals for bigger families.

💬 What do you think? Can a family really prepare a decent Noche Buena with ₱500 today? Or is this budget too low for the current cost of living?

Okay lang mag DIY basta may Kasama ka na marunong, at may nag gaguide sayu. Hanggang sa matuto. Kasi mas maganda na may alam sa iyong mga buwis.