REVENUE MEMORANDUM CIRCULAR NO. 95-2021 issued on August 10, 2021 publishes the Agency Accountability Timelines under Section 5.0 of the Inter-Agency Task Force (IATF) Memorandum Circular No. 2021-1 titled “Guidelines on the Grant of the Performance-Based Bonus (PBB) for the Fiscal Year (FY) 2021 under Executive Order No. 80, s. 2012” and published under RMC No. 85-2021. The BIR shall strictly observe the Timelines specified below issued by the AO 25 Task Force and comply with the PBB requirements.
| Deadline | Requirements | Validating Agency |
|---|---|---|
| October 1, 2021 |
As provided in MC No. 2021-1, while the above conditions are no longer required in determining the overall PBB eligibility of agencies, compliance with said conditions shall be used as the basis in determining the eligibility of responsible units and individuals. Agencies should submit above-mentioned legal requirements directly to the oversight/validating agencies.
The oversight/validating agencies have the authority to modify their requirements and timelines as necessary. Agencies should directly contact the oversight/validating agencies of the above-mentioned Agency Accountabilities for updates and concerns.