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Brand New 2551Q Form (Quarterly Percentage Tax) with 8% Opt In

On April 25, on the deadline of filing the Quarterly Percentage Tax Form, the BIR released RMC 26-2018 which has the new 2551Q form and the submission procedures for manual, eBIRForms, and eFPS.

The new 2551Q Form now has a field where you can indicate whether you’re opting for the 8% Flat Income Tax Rate. Also, SPOILER ALERT: 2551Q is not yet updated on eBIRForms and eFPS.

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So for the procrastinators who put off their tax filing until the very last day of the deadline, congratulations!  😉

For the rest of us, it’s unlikely that the BIR will penalize us for not using the new 2551Q form when we submitted given the timing when they released this RMC. Moving forward, though, we have to make sure we’re filing this new one. The next deadline is on July 2018.

While we’re on the topic, if you missed filing your 2551Q, then you may no longer be eligible for the 8% Flat Income Tax Rate anymore. Basing on RR 08-2018, you had to make sure you filed your 2551Q on time. You can read more about our breakdown of that RR and how to opt in to 8% by visiting this article.

Having said that, there is a glimmer of hope. We noticed that the RDO’s are implementing things differently. If so, perhaps your RDO doesn’t see missing your 2551Q filing as a reason for ineligibility. To be sure, it would be best to call your RDO.

We here at Taxumo are constantly updating ourselves with the latest forms and procedures so you don’t have to! Sign up to Taxumo now to start focusing on your passion instead of worrying about your taxes!

16 thoughts on “Brand New 2551Q Form (Quarterly Percentage Tax) with 8% Opt In”

    1. According to the BIR RDOs, yes no need. HOWEVER, please do check with your RDO to be sure. We’re hearing reports that some RDO’s seem to be implementing things differently. It’s confusing, I understand – but it is what it is (and with your support and patronage, something we can fix!) 😀

  1. We are non vat homeowners association and previously using 2551M and 1702RT. Do we need to comply on the quarterly payment or just the yearly payment? What forms do we need to use under the train law. Thank you so much for your help.

    1. You have to comply with the quarterly payments. 🙂 You can read our other articles here about TRAIN to understand what else would impact you. Do note that most of these articles are aimed towards self-employed individuals so they might not be applicable in your case.

    2. Hi I am an insurance agent. I first filed my 2551Q last quarter of Dec 2020. My first 2551Q filed via BIR app was done last April 20., then got an acknowledgent email as well. But upon checking in the system,whenever I want to view it, the blanks showing ‘undefinned’ ( coz I want to check it before I file for thie Q2 of 2021).What does it mean?
      Moving forward, Is my gross sales is the amount I need to encode in page 2, under PT010 with 1% ,am I right?Because there are 2 PT010 in the alphanumeric section, the 3% and the 1% (just want to make sure)?!because I read about the CREATE LAW.
      Kindly assist with my queries.
      Thank you.

  2. Hello Sir EJ, I have one question though, should I still file the 2551Q if I already opt-in for 8% gross receipt tax? I’m still confused with this. Thank you in advance.

    1. If you opted in to 8%, then there should be no need. However, the RDO’s may be implementing this differently so best for you to check with your RDO and ask. Thru Taxumo you can file 2551Q’s even if you’re on 8% — they’ll be zero tax forms.

  3. hi, good day ask ko lng po sana pag sole prop. po and may branch sa ibang RDO pwede po ba na e consolidated sa main branch ang filing ng taxes?
    thank and god bless!

  4. Pingback: A Comprehensive Guide on Filing Quarterly Percentage Tax l Taxumo Blog

  5. My sister from the province owns an apartment and registered as non vat tax payer in NCR (TIN 000) and she’s paying the 3% percentage tax. however, she started a rice trading business located in the province where she resides – other RDO (TIN 001), is rice trading subject to the 3% percentage tax? Can the returns (2551Q and 1701Q) be filed separately (different nature of businesses & RDO) OR the returns should be consolidated in the 1st RDO? Please advise. Thanks.

  6. Hi! It said that if one opted to 8% income tax, he/she will no longer need to file/pay percentage tax. What if that one became BMBE-registered within the same year which made him/her exempted to paying income tax? Will he/she needs to file/pay percentage tax again? Will he/she be penalized for not filing/paying percentage in the months he/she was not yet BMBE registered?

    1. Hi Claire, no it’s not covered. If you opted for 8%, you only file for income tax. That means that you won’t have to file Percentage Tax for the 8% income tax rate.

  7. Hi I am an insurance agent. I first filed my 2551Q last quarter of Dec 2020. My first 2551Q filed via BIR app was done last April 20., then got an acknowledgent email as well. But upon checking in the system,whenever I want to view it, the blanks showing ‘undefinned’ ( coz I want to check it before I file for thie Q2 of 2021).What does it mean?
    Moving forward, Is my gross sales is the amount I need to encode in page 2, under PT010 with 1% ,am I right?Because there are 2 PT010 in the alphanumeric section, the 3% and the 1% (just want to make sure)?!because I read about the CREATE LAW.
    Kindly assist with my queries.
    Thank you.

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