BIR-Cebu targets P55-B revenue for 2025, reminds taxpayers of April 15 deadline
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Newly appointed BIR-Cebu Regional Director Antonino Ilagan reminded taxpayers of the ITR payment deadline on 15 April.
Rico Mirasol Osmena
Daily TribuneShare
Newly appointed BIR-Cebu Regional Director Antonino Ilagan reminded taxpayers of the ITR payment deadline on 15 April.
Rico Mirasol Osmena
The Bureau of Internal Revenue No. 13 (BIR-13-Cebu) bared on Thursday its revenue collection goal of P55,143,578,000 for 2025.
As newly assumed BIR-13 Regional Director Antonino Ilagan urged taxpayers in Cebu and Bohol to pay their income tax returns (ITR) before the deadline, which is April 15, 2025.
"We have the efps and eBIRForms as our modes of filing, as the modes of payment can be coursed through eFPS (authorized Agent Banks (AABs) and ePAY or Revenue Collection Agents (RCAs)," Ilagan cited.
He stressed the consequences for late filing and/or payment of the annual ITR through surcharge, interest, and compromise penalty.
As this developed, BIR-13-Cebu in 2023 had an actual collection of P42,633,721,606.88 as against the collection goal of P41,943,589,000, exceeding the target by P690,132,606.88.
In 2024, the goal was exceeded by P346,943,761.76, with an actual collection of P49,170,812,761.76 as against the collection goal of P48,823,869,000.