INSTEAD of April 15, the Bureau of Internal Revenue (BIR) has moved the deadline for the filing of the income tax returns (ITR) to April 17.
BIR 13 Legal Chief Neri Yu said that since April 15 falls on a Saturday, a non-working day, this has been moved to April 17.
“The first working day after (April 15) would be Monday, which is April 17. That is the guideline (if the yearly April 15 deadline falls on a holiday or no working day),” said Yu.
BIR 13, which collects taxes for Cebu and Bohol, is encouraging taxpayers to file their ITRs before the deadline.
“Do not wait for the deadline because the online internet system will be clogged by the rush of numerous taxpayers at the same time,” said Yu.
There are three options available for the filing of the ITR--manual filing, electronic Filing and Payment System (eFPS), and electronic BIR Forms (eBIRForms). Late filing incurs a 20-percent interest per annum penalty and a 25-percent surcharge.
BIR-13’s collection target for the year is P29.6 billion.