REVENUE MEMORANDUM CIRCULAR NO. 16 – 2024
Extends the deadline for the submission of Alphabetical List of Employees/Payees from whom taxes were withheld for the taxable year 2023 using the new version of the Alphalist Data Entry and Validation Module up to February 28, 2024. A separate tax advisory shall be posted on the BIR website informing the availability of the updated version of the said module.
For those taxpayers-employers who have employees availing 5% tax credit under the Personal Equity and Retirement Account (PERA) Act of 2008 and who have not yet submitted their alphalists for the year 2022, the deadline shall be thirty (30) days immediately after the date of posting of a tax advisory on the BIR website announcing the availability of a separate revised data entry module.
Moreover, BIR issued a tax advisory informing that the updated version of the Alphalist Data Entry and Validation Module (Version 7.2) is now available for use and can be downloaded from the website of this
Bureau at www.bir.gov.ph. The enhanced version now includes the 5% tax credit incentive under Republic Act (R.A.) No. 9505 otherwise known as the PERA Act of 2008 and the revised income tax rates for taxable year 2023 under R.A. 10963 (TRAIN Law). Moreover, those taxpayers with their own extract program shall strictly observe the revised file structures and standard naming convention under RMC No. 25-2024. In addition, the deadline of the submission of Alphabetical List of Employees/Payees from Whom Taxes Were Withheld (alphalists) is on March 17, 2024, which is 30 days from the date of posting of the advisory pursuant to RMC No. 25-2024.