Income payees sworn declaration of gross receipts sales annex b 2 2025

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The declaration is used by self-employed individuals or professionals to report their gross receipts and comply with tax regulations.
This document is intended for self-employed individuals or those engaged in a profession with a single income payor.
You need to provide your name, citizenship, address, Taxpayer Identification Number (TIN), income details, and selection of tax rate.
You can choose between Graduated Income Tax Rates or an Eight Percent (8%) income tax rate based on gross receipts/sales.
If your gross sales/receipts exceed ₱250,000.00 but not over ₱3,000,000.00, your income payor will automatically withhold the prescribed rate of withholding tax.
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ANNEX B2 Self Employed and / or Engaged in the Practice of Profession with lone income payors that does not exceed 250,000 gross receipts for the year and shall be deducted BIR Professional tax of 5% for the year, and not 10%.
A sworn declaration for online sellers is a formal statement made to the BIR, declaring the anticipated gross revenue from online sales. This declaration determines whether taxes should be withheld from the payments you receive through online marketplaces.
A sworn declaration (also called a sworn statement or a statement under penalty of perjury) is a document that recites facts pertinent to a legal proceeding. It is very similar to an affidavit but is not witnessed and sealed by an official such as a notary public.
The tax rates and nature of income payments subject to final withholding taxes are printed in BIR Form Nos. 1601-FQ, 1602Q and 1603Q respectively. On or before January 31 of the year following the calendar year in which the income payments subject to final withholding taxes were paid or accrued.
1701. Annual Income Tax Return For Individuals (including MIXED Income Earner), Estates and Trusts.

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