BIR philippines Archives | Nognog in the City

Doctors reconcile with BIR, helps ITR filing campaign

April 12, 2014

3 minutes read

MANILA, Philippines – Like her colleagues in the medical profession, Dr Minerva Calimag also felt strongly about the controversial advertisement that the Bureau of Internal Revenue (BIR) put out, depicting doctors as tax cheats.

Calimag, however, would rather let bygones be bygones. As the new president of the Philippine Medical Association (PMA), she appeared with BIR Commissioner Kim Henares in a press conference on Thursday, April 10, to call on taxpayers – especially doctors – to file their returns before the April 15 deadline.

Lifestyle

Pay early to Avoid Long Lines – BIR Keeps April 15 Deadline for taxpayers

by Rodel Flordeliz
April 4, 2014
4 minutes read

Bureau of Internal Revenue Commissioner Kim Jacinto-Henares reminds all Filipinos that the BIR is keeping its April 15 deadline for the filing their income tax returns (ITR) despite falling within the Holy Week. Failure to submit their ITRs, Henares says will result in a penalty of 25 percent and 20 percent interest per annum.

Income tax is a portion of the gross income that is taxed by the government. The ITR breaks down the respective deductions from the gross income to arrive at the income tax that must be paid. The BIR chief hopes that with its reinforced campaign against tax cheats, taxpayers would file and pay their correct taxes this time.