Removal of Validity Period for Official Receipts

Thursday, November 03, 2022 ꞏ 1 min read

The Bureau of Internal Revenue (BIR) has removed the five-year validity period for official receipts, effective July 16, 2022. As such, official receipts and invoices may continue to be issued until fully exhausted. The validity period indicated at the bottom of receipts shall be disregarded and all official receipts and invoices printed moving forward shall no longer include this statement.

This direction supports the Republic Act (RA) No. 11032 also known as “Ease of Doing Business and Efficient Government Service Delivery Act of 2018”.

Authority to Print (ATP) principal and supplementary receipts/invoices inclusive of its serial numbers and its usage shall also have no expiration. Previously, taxpayers with ATP that are about to expire are required to apply for new ATP lo later than sixty (60) days prior to the expiry date.

Source: Revenue Regulations (RR) No. 6-2022 | Link | Download

The information provided in this article is for general informational and educational purposes only and is not intended to serve as legal or tax advice. The contents of this article do not supersede any revenue regulations or pronouncements issued by the Bureau of Internal Revenue (BIR) or any other relevant authorities.

This article contains condensed information, and specific circumstances can vary among doctors or other taxpayers. As such, the content should not be relied upon as a basis for any legal or BIR proceedings, nor should it be considered a substitute for professional tax advice.

Readers are encouraged to consult with a tax professional to address their specific situations and to obtain tailored guidance regarding their tax obligations and compliance. The primary aim of this article is to provide a better understanding of BIR rules and taxation in general, and it should not be used as the sole basis for making decisions related to tax matters.

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