BIR beats April revenue target amid delayed income tax returns

MANILA, Philppines – The Bureau of Internal Revenue (BIR) exceeded its revenue collection goal in April by 3 percent despite the delayed inflow of annual income tax payments following the extension of the filing deadline. BIR’s Preliminary data showed gross collections reached P422.4 billion in April, nearly P13 billion higher than the target for the month. This was also 0.13 percent higher than collections recorded last year. READ: BIR collection in March falls short of target From January to April, the agency’s collections reached P1.155 trillion, accounting for a third of the 2026 target of P3.431 trillion and rising 3.58 percent […]... Keep on reading: BIR beats April revenue target amid delayed income tax returns

Original source: Philippine Daily Inquirer