BAYANIHAN TO HEAL AS ONE ACT (RA 11469)

Summary
The Bayanihan to Heal as One Act, also known as the Bayanihan Act, and officially
designated as Republic Act No. 11469, is a law in the Philippines that was enacted in
March 2020 granting the President additional authority to combat the COVID-19
pandemic in the Philippines. This law is valid for three months unless extended or
withdrawn by the Congress or ended by the Presidential Proclamation.
SELF-EMPLOYED INDIVIDUALS AND PROFESSIONALS
Summary
Self-employed individuals and professionals availing of the 8% tax on gross sales
and/or receipts and other non-operating income under Sections24(A)(2)(b) and 24(A)(2)
(c)(2)(a) of the Tax Code shall also be exempt from the payment of the 12% vat.

Note: Please refer to the PowerPoint presentation for the Illustrative example