30-05-2025
BIR surpasses April 2025 tax collection target
The Bureau of Internal Revenue (BIR) said on Friday that it has collected P1.111 trillion - net of tax refund - as of April 2025, exceeding its target for the period by ? 7.045 Billion.
The BIR said the collection is higher by 14.50% or P140.695 billion compared to the collections made in the same period last year.
The P1.111 trillion collections made as of April this year represents over 35% of the P3.232 trillion tax collection target for 2025, which is higher by 13.36% or ? 380.871 Billion than the calendar year 2024 actual collection.
BIR Commissioner Romeo Lumagui Jr. attributed the rise in collection to the bureau's intensified campaign against fake receipts and the digitalization of its services.
'With the intensification of the Bureau's tax enforcement activities, specifically on the campaign against sellers and buyers of fake receipts, and with the continuous streamlining and digitalization of the BIR's core services, we hope to encourage all non-compliant taxpayers to comply fully with the provisions and requirements of the tax laws so we can attain, and even surpass, our annual collection target this year', he said in a statement.
For 2025, the BIR is aiming to collect a record-high P3.23 trillion in revenues, a mid-double digit growth from its actual collection of P2.848 trillion in 2024. — BAP, GMA Integrated News
