BUREAU OF INTERNAL REVENUE
The Bureau of Internal Revenue (BIR) issued the following Revenue Memorandum Circulars (RMC):
RMC No. 42-2017, 9 June 2017, to prescribe the revised BIR Form No. 2305 (Certificate of Update of Exemption, and of Employer and Employee’s Information) April 2017 ENCS to reflect the provision of Revenue Regulations No. 5-2017 implementing Republic Act No. 10754 relative to the tax privileges of a person with disability (PWD).
The revised BIR Form No. 2305 will be used by individuals to update their civil status, additional exemptions which now include the PWD as an additional exemption/dependent of a benefactor, if applicable, and employer’s information.
RMC No. 43-2017, 9 June 2017, to announce the availability of the updated versions of the Update of Exemption of Employees Data Entry Module and Batch File Validation Module in the filing of BIR Form No. 2305 in relation to RMC 59-2015.
The RMC provides the work around procedures to be followed to allow the data entry of a qualified PWD dependent as an additional exemption, the conditions to be satisfied to qualify the PWD as a dependent, and the documentary requirements to support the exemption thereof.