HB 5438

House·20th Congress·Filed Oct 10, 2025

An Act Providing for Simplified Registration, Filing of Returns and Payment of Income and Percentage Taxes and Providing Tax Relief for Micro-Enterprises, Amending for the Purpose Sections 74, 128, and 236 of the National Internal Revenue Code, as Amended

In plain language

The bill would let micro‑enterprise sole proprietors (fewer than 10 workers) file only one annual income‑tax return, be exempt from income tax for three years, file only one annual percentage‑tax return, and register their business online through a single, streamlined process.

TaxationBusiness, Trade and Industry

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Representative

Eduardo "Bro. Eddie" C. VillanuevaReceipts →

Official sources

Similar in what they’d do, filed by any lawmaker.

SB 1136· Filed Aug 7, 2025
Simplified Filing of Returns and Payment of Income Tax
Pending in the committeeSen. Jv Ejercito
SB 1148· Filed Aug 7, 2025
Providing Tax Relief for Micro-Enterprises Act
Pending in the committeeSen. Joel Villanueva
HB 4756· Filed Sep 23, 2025
An Act Providing for Simplified Registration, Filing of Returns and Payment of Income and Percentage Taxes, and Providing for Tax Relief for Micro-Enterprises, Amending for the Purpose Sections 74, 128 and 236 of the National Internal Revenue Code, as Amended
Pending with the Committee on WAYS AND MEANS since 2025-09-25Rep. Jesus "Bong" C. Suntay
SB 1622· Filed Dec 16, 2025
Micro Small and Medium Enterprises (Msmes)
Pending in the committeeSen. Jv Ejercito
HB 7605· Filed Feb 4, 2026
An Act Promoting Business Competitiveness by Providing Temporary Tax Relief to Single Proprietorships, Cooperatives, Partnerships or Corporations Classified as Micro, Small and Medium Enterprises (Msmes)
Pending with the Committee on WAYS AND MEANS since 2026-02-09Rep. Marie Bernadette G. Escudero

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HB05438 · Sources: BatasWatch