What you need to know about BIR Form 1604-F

What You Need To Know

A significant change had occurred in early 2018 where tax authorities had issued a Revenue Regulation (RR) No. 11-2018 which amended certain provisions of RR No. 2-98 and implemented new amendments introduced by the Tax Reform for Acceleration and Inclusion (TRAIN) Law in relation to withholding taxes. One such repercussion of this had been the splitting of BIR Form 1604-CF into BIR Form 1604-C and 1604-F.

BIR Form 1604-F is an Annual Information Return of Income Payments Subjected to Final Withholding Taxes. This form needs to be filed by every Withholding Agent/payor required to deduct and withhold taxes on income payments subject to Final Withholding Tax.

Documents Required

This form must be filed on or before the 31st of January of the year following the calendar year in which the final withholding taxes were accrued or paid.

For example: BIR Form 1604-F relating to the year 2020, must be filed by 31 January, 2021

Along with the form you’ll need to attach some documentation. These documents are the alpha-list of Employees, alpha-list of Employees Other than Rank & File Who Were Given Fringe Benefits During the year and alpha-list of Other Payees Whose Income are Exempt from Withholding Tax but Subject to Income Tax.