Fire, marine, or agents of foreign insurance companies.Overseas communication except by public organizations and news outlets.Radio and television franchisees whose annual income does not exceed ₱10,000,000.Domestic and international sea and air transport carriers.Small businesses engaged in the following industries/transactions:.Lessors of residential spaces charging more than ₱15,000 a month per unit, but whose annual rental sales does not exceed ₱3,000,000.Non-VAT-registered individuals or businesses selling goods, properties, or services, whose annual sales do not exceed ₱3,000,000.Who Are Required To File?Īccording to the Bureau of Internal Revenue ( BIR), the following entities are subject to a quarterly percentage tax: Percentage tax is a business tax for taxpayers whose annual gross sales do not exceed three million pesos (Php3,000,000.00) and are exempt from value-added tax (VAT) under the tax laws. Percentage Tax in the Philippines: An Overview Deadline for Filing Quarterly Percentage Tax.Preparing BIR Form 2551 (Quarterly Percentage Tax).Calculating Percentage Tax for Your Business.Percentage Tax in the Philippines: An Overview.In this article, we highlight key information on Quarterly Percentage Tax (BIR Form 2551Q) with the aim of making filing a breeze. For small businesses, freelancers, or sole proprietors, the complex nature of these taxes usually come as a burden. Here in the Philippines, individuals and businesses alike are subject to taxes of different shapes and forms. You can also use this tool for your taxes to save time and so you can focus on more important things. Completing a BIR form is a daunting task that is why we built a software to automate this and weve been using it since 2012.

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