BIR achieves January-April revenue target

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The Bureau of Internal Revenue (BIR) achieved its collection goal for January to April this year.

In a statement on Wednesday, BIR Commissioner Romeo Lumagui Jr. said BIR “recorded a historic feat” in reaching the collection goal for the first four months of the year.

While the exact figure was not disclosed, BIR earlier set P826.8 billion collection goal for January to April this year.

“We reached our goal for January to April of 2023. In the last 30 years, this feat was only done a handful of times. This is a strong and historic start for the Bureau of Internal Revenue, taking into account that we are recovering from the economic repercussion caused by the pandemic,” Lumagui said.

He said the collection record was largely due to the agency’s four main programs.

“For this administration, we need only address four areas of concern. Intensification of Enforcement Activities, Taxpayer’s Service, Integrity and Professionalism, Digitalization,” he said.

“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,” Lumagui added.

For this year, the BIR’s collection target is P2.6 trillion.

Last year, the BIR exceeded its P2.1 trillion revenue goal by more than P500 million.

CURRENTPH NEWS SERVICE

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