Revenue Memorandum Circular (RMC) No. 42-2017 has issued by the bureau recently circularizing 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 (RR) No. 5-2017 implementing Republic Act No. 10754, entitled "An Act Expanding the Benefits and Privileges of Person with Disability (PWD)" relative to the tax privileges of person with disability.
The revised BIR Form No. 2305 will be used by individuals to update their civil status, additional exemption which now includes PWD as an additional exemption/dependent of a benefactor, if applicable, and employer's information.
Click https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/ANNEX%20A%20RMC%2042.pdf to download revised BIR Form No. 2305.
Please refer: https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/RMC%20No.%2042-2017.pdf of the full text of RMC No. 42-2017.
The revised BIR Form No. 2305 will be used by individuals to update their civil status, additional exemption which now includes PWD as an additional exemption/dependent of a benefactor, if applicable, and employer's information.
Click https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/ANNEX%20A%20RMC%2042.pdf to download revised BIR Form No. 2305.
Please refer: https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/RMC%20No.%2042-2017.pdf of the full text of RMC No. 42-2017.
