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Thursday, April 25, 2024

BIR records historic collection for January to April

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BIR Commissioner Romeo Lumagui Jr.

In line with the agency’s mission to raise government revenues through effective and efficient tax administration, the Bureau of Internal Revenue (BIR) achieved a milestone accomplishment by hitting all its collection targets for the first four months of the year.

Under the stewardship of Commissioner Romeo Lumagui Jr., the BIR has implemented new measures that have promoted voluntary compliance, service excellence, and fair regulations.

“We reached our goal for January to April of 2023. In the last thirty 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 repercussions caused by the pandemic,” Lumagui said.

The House of Representatives Committee of Ways and Means likewise took note of the positive changes that Lumagui has implemented in the Bureau.

“I am here to congratulate, on his maiden performance, Commissioner Lumagui,” said Committee chairman and Albay Rep. Joey Salceda, who has sponsored a number of bills relating to tax collection and enforcement, with the most recent one being a measure that seeks to criminalize tax racketeering.

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Lumagui expressed confidence that the agency could sustain its momentum for the remainder of the year.

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

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