BIR-13 collects P2.7B in April, surpassing target by 8 percent-A A +A
By Mia A. Aznar
Wednesday, May 14, 2014
CONTRARY to popular perception, April is the toughest time for the Bureau of Internal Revenue to meet its goal.
So when the revenue district offices under Revenue Region 13 managed to exceed its target last month, the staff felt the need to celebrate.
Acting BIR-13 Director Hermeno Palamine announced Tuesday that it was the first time for their office to perform well in April.
He learned at their staff conference that they collected a total of P2.7 billion for the month of April alone, exceeding their P2.5 billion target by 8.31 percent or P208 million. The previous year, they collected P2.089 billion.
Rose Jingco, assistant chief of the BIR-13 Collection Division, said that many people think that because April is the deadline for filing of income tax returns, the revenue office has no problems meeting its goals for the period.
But she said income taxes filed each April are counted for the previous year. She added that most of these have already been collected by way of withholding taxes of employees.
“It's a wrong notion that because April is a filing month we can collect more revenue,” Jingco told Sun.Star.
Having worked with the bureau for 27 years, Jingco said this was a first for them. She said that historically, they always have large goal amounts to meet every April and almost never make it.
She also noted that collections by major tax types also increased for the month of April. Income tax collection rose 27.89 percent, value-added tax by 22.91 percent, excise taxes by 51.98 percent, percentage taxes by 5.84 percent and other taxes by 123.23 percent.
For the first four months of 2014, they collected P7.3 billion, in excess of 0.72 percent of their P7.2 billion goal. The collection was up 21.16 percent from the previous year's collection of P6.035 billion.
Palamine said he believes that their ad campaigns are effective because more people are becoming aware of their responsibilities and are more compliant.
He said that their district offices have been receiving more inquiries from different sectors wanting to know more about how to pay their taxes.
Jingco said that most taxpayers think they are finished once they have gotten their tax identification number (TIN).
She urged taxpayers to be aware of the whole process and not just rely on their accountants to do everything for them.
Published in the Sun.Star Cebu newspaper on May 15, 2014.