---
title: "March 11, 2022"
description: "Updates on the Capital Goods Amortization when filing BIR Form Nos. 2550Q and 2550M as per RMC No. 21-2022."
url: https://help.juan.tax/en/articles/24-march-11-2022
collection: "2022"
updated: 2024-11-18
language: en
---

# March 11, 2022

Updates on the Capital Goods Amortization when filing BIR Form Nos. 2550Q and 2550M as per RMC No. 21-2022.

JuanTax has implemented the appropriate adjustments to the Capital Goods amortization following [RR No. 21-2021](https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202021/RR%20No.%2021-2021.pdf). 📄✍

Recently, BIR issued [RMC No. 21-2022](https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2022%20RMCs/RMC%20No.%2021-2022.pdf), which covers the workaround procedures and guidelines for dealing with Capital Goods transactions (over ₱1 million) when filing BIR Form Nos. 2550Q and 2550M. The said workaround has been automated in [JuanTax Plus](https://plus.juan.tax/) for your convenience. 😃