BIR

Configure tax-related settings and BIR compliance

BIR

The BIR section helps you manage tax-related configurations for Bureau of Internal Revenue (BIR) compliance in the Philippines.

Taxes

Overview

Configure settings related to:

  • Withholding tax
  • Tax identification
  • BIR registration
  • Tax certificates

Tax Information

Required Details

FieldDescription
TINTax Identification Number
RDO CodeRevenue District Office
Business TypeVAT or Non-VAT registered
Tax CertificateBIR Certificate of Registration

Updating Tax Information

  1. Click "Edit"
  2. Update tax details
  3. Upload supporting documents
  4. Submit for verification

Withholding Tax

How It Works

PayMongo may withhold taxes from your payouts based on:

FactorImpact
Business TypeSole proprietor vs. Corporation
Tax RegistrationVAT vs. Non-VAT
Transaction TypeService fees vs. Goods

Withholding Rates

CategoryRate
IndividualsVaries
Corporations2%
VAT-registered12% VAT
⚠️

Note: Rates are subject to current BIR regulations. Consult your accountant for specific rates applicable to your business.

Tax Certificates

Available Certificates

CertificateDescriptionFrequency
2307Certificate of Withholding TaxMonthly/Quarterly
2306Certificate of Final TaxAs applicable

Downloading Certificates

  1. Go to BIR section
  2. Select certificate type
  3. Choose period
  4. Download PDF

Reporting

Tax Reports

Generate reports for BIR filing:

ReportContains
Sales ReportTransaction summary
Withholding ReportTaxes withheld
Payout SummaryNet amounts received

Report Period

Generate reports by:

  • Monthly
  • Quarterly
  • Annual

Tax Compliance

Requirements

RequirementStatus
TIN RegistrationRequired
BIR CORRequired
Books of AccountRequired
Official ReceiptsAs applicable

Maintaining Compliance

  1. Keep records updated
  2. Download certificates monthly
  3. Include in BIR filings
  4. Retain records as required

FAQ

Why is tax being withheld?

PayMongo is required to withhold taxes as a withholding agent per BIR regulations.

Where can I get my 2307 certificate?

Download from the BIR section in Settings. Certificates are generated monthly.

How do I update my TIN?

Edit your Tax Information and submit updated documentation.

What if my withholding rate is incorrect?

Contact support with supporting documents to correct your tax status.


Feel free to reach out to [email protected] if you have questions about BIR settings!