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BIR exceeds collection target in first 4 months of 2023

Published May 10, 2023 05:36 am
The Bureau of Internal Revenue (BIR) has achieved its collection goal for the first four months of the year amid the challenges brought by the Covid-19 pandemic. The BIR, however, is set to release he exact collection data, in comparison to the collection goal and last year's actual take for the same period, next week. But this year, BIR commissioner Romeo D. Lumagui, Jr. considered it as a historic accomplishment. The bureau is targeting to raise P2.6 trillion this year, more than P300 million higher than the actual collection in 2022. Lumaguii noted that this accomplishment has been achieved only a few times in the past thirty years. The House of Representatives Committee of Ways and Means has also acknowledged and commended Lumagui's efforts in this regard. The success of the achievement is attributed to four primary programs - focused on intensifying enforcement activities, improving taxpayer service, ensuring integrity and professionalism, and digitalizing BIR's processes. Lumagui believes that addressing these areas will further elevate BIR's performance and that the BIR will meet its collection goal for the entire year of 2023, provided that these areas receive due attention and improvement.
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