SB 230

Senate·20th Congress·Filed Jul 7, 2025

Tax Relief to Micro, Small and Medium Enterprises

An Act Promoting Business Competitiveness by Providing Temporary Tax Relief to Single Proprietorships, Cooperatives, Partnerships or Corporations Classified as Micro, Small and Medium Enterprises

In plain language

The proposal would give qualifying micro, small and medium businesses a three‑year break from paying income tax and let them deduct an extra 25 % of their labor costs from taxable income.

TaxationBusiness, Trade and IndustrySocial Welfare

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

Author · Senator

Chiz Escudero
SenatorFrancis "Chiz" Escudero
Receipts →

Subjects

Tax ReliefMicro, Small and Medium Enterprises (Msmes)

Official sources

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

SB 1622· Filed Dec 16, 2025
Micro Small and Medium Enterprises (Msmes)
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
SB 1136· Filed Aug 7, 2025
Simplified Filing of Returns and Payment of Income Tax
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
HB 1736· Filed Jul 10, 2025
An Act Granting Economic Relief to Micro and Small Enterprises, Amending for the Purpose Section 27 of the National Internal Revenue Code of 1997, as Amended
Pending with the Committee on WAYS AND MEANS since 2025-07-30Rep. Ryan S. Recto

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SBN-230 · Sources: BetterGov Open Congress, BatasWatch