BIR is extending the deadline for the submission of the BIR Form 2316 (Certificate of Compensation Payment/Tax Withheld) from February 28 to March 31, 2024, per the attached RMC No. 29-2024.

For purposes of uniformity in the submission of other reportorial requirements related to Form 2316, only the following documents shall be required by all RDOs:

  1. Sworn Declaration (Annex “C”) under RR No. 2-2015; and
  2. Certification of the List of Employees Qualified for Substituted Filing of their ITR (Annex “F”) under RR No. 11-2018.

Also, kindly note the following:

  • Submission of Form 2316 without the signature of employees who are qualified for substituted filing shall no longer be allowed; and
  • Those who have already submitted the BIR’s copy of the Form 2316 using the old (2018 version) format shall no longer re-submit the new (2021 version), provided that the withholding taxes were computed based on the 2023 income tax rates.