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Economy

BIR collects P837B in first four months, ahead of target

THE Bureau of Internal Revenue (BIR) said on Thursday that it collected P837.92 billion in the four months to April, exceeding its target for the period by 1.84%.

The BIR said in a tweet that the target was P826.86 billion.

This year, the agency is tasked to collect P2.6 trillion. The BIR collected P2.34 trillion in 2022.

The BIR accounts for about 70% of the government’s revenue.

“We need (to) address four areas of concern: intensification of enforcement activities, taxpayer services, integrity and professionalism, and digitalization. Fixing these areas will bring the BIR to greater heights. I am confident that as long as we address these areas, the BIR will reach its collection goal for 2023,” BIR Commissioner Romeo D. Lumagui, Jr. said.

Meanwhile, the BIR also announced that it filed a criminal complaint against a software management company.

The company was found to be owned “by a single proprietor which is being actively managed by her husband, who was found to be a BIR employee.”

“The software management company and the BIR official manipulate sales machines to reduce actual sales and evade payment of taxes,” it said in a statement.

“The initial revenue loss from the tampered (equipment) was computed to be approximately P6.1 billion which is detrimental to the BIR’s mission of collecting taxes for nation-building,” it added. — Luisa Maria Jacinta C. Jocson

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