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RNG Bank Salary Loan Table for DepEd Teachers

Salary Loan Table - RNG Coastal Bank RNG Bank offers salary loan for permanent DepEd teaching and non-teaching staff thru Automatic Payroll Deduction System (APDS). Features: 📍LOW INTEREST RATE 📍LOAN AMOUNT UP TO 500,000 📍5 YEARS MAXIMUM LOAN TERM 📍NO HIDDEN CHARGES 📍NO NEED TO GO TO THE OFFICE A Bank that is built with trust and integrity and committed to provide quality and safe banking services to its existing and future clients, RNG Coastal Bank, Inc . is a banking institution established in the year 1974. The Bank has 15 operating branches in the Visayas, 11 in Cebu and 4 in Bohol. Providing various financial products and services to its clients for almost 50 years, RNG Coastal Bank remains strong and continuously grows its number of branches to reach more Filipinos. Here are the branches of RNG Coastal Bank: RNG Coastal Bank Head Office Cor. Cabancalan Road, Talamban, Cebu City 6000 Labangon Branch Punta Princesa, (Labangon) Cebu City Asturias Branch Poblacion, Asturias, Ce...

Download the Statement of Management’s Responsibility for Annual Income Tax Return

When it comes to tax compliance in the Philippines, one of the most crucial documents submitted by businesses and corporations is the Statement of Management’s Responsibility for the Annual Income Tax Return . This statement underscores the accountability of the company's management for the accuracy and completeness of its tax filings and financial disclosures. In this article, we’ll break down what this statement entails, why it’s important, and how it aligns with the requirements of the Bureau of Internal Revenue (BIR) and the National Internal Revenue Code . What Is the Statement of Management’s Responsibility? The Statement of Management’s Responsibility (SMR) is a formal declaration made by a company’s top management—typically signed by the President, Chief Executive Officer (CEO), and Chief Financial Officer (CFO) . It affirms that the information provided in the company’s Annual Income Tax Return (AITR) and audited financial statements is true, complete, and consiste...

A Complete Guide to AFS eSubmission with the Bureau of Internal Revenue (BIR)

Keywords : AFS eSubmission, Bureau of Internal Revenue, BIR Philippines, Annual Financial Statements, BIR eSubmission, tax compliance Philippines, eAFS, eSubmission portal What is AFS eSubmission? AFS eSubmission is a digital platform created by the Bureau of Internal Revenue (BIR) in the Philippines to allow taxpayers to electronically submit their Annual Financial Statements (AFS) and other required documents. This system is part of the government's ongoing push for digital transformation and better tax compliance. The full name of the system is Electronic Audited Financial Statement (eAFS) Portal , and it helps streamline the document submission process for individuals, corporations, and tax agents. Why is AFS eSubmission Important? Traditionally, filing AFS and related documents meant long lines, paperwork, and face-to-face submissions at BIR offices. With the AFS eSubmission platform, taxpayers can now: Submit documents online, 24/7 Avoid physical visits to BIR ...

Navigating the S1905 Registration Update Sheet: A Guide for Taxpayers

The S1905 Registration Update Sheet is a critical document issued by the Bureau of Internal Revenue (BIR) for taxpayers in the Philippines. This form is designed to facilitate updates to taxpayer information, ensuring that the BIR maintains accurate and up-to-date records for both individuals and businesses. Here’s everything you need to know about filling out and submitting this form. What is the S1905 Form? The S1905 Registration Update Sheet is used for updating taxpayer records in the BIR's system. These updates could involve changes to personal information, contact details, employer information, or the addition of an authorized representative. It's also required for account enrollment in the BIR Online Registration and Update System. Completing this form is essential for maintaining compliance with tax regulations. It helps ensure that correspondence and notices from the BIR reach the correct address or email and reflect accurate taxpayer details. Sections of the S1905 F...