Philadelphia announces new tax rules for businesses

Community organizations and city officials gathered at Philadelphia City Council to inform residents and entrepreneurs about the tax changes that will take effect in 2025 and the resources available to help small businesses meet their city tax obligations.

During the event, held on Monday, November 16, representatives from the Philadelphia Department of Commerce and the Department of Revenue explained that, beginning in fiscal year 2025, all individuals engaged in commercial activity in the city will be required to file and pay the Business Income and Receipts Tax (BIRT). This requirement will apply without exceptions, including self-employed workers, micro-entrepreneurs, home-based businesses, and anyone who generates income through commercial activities.

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