BIR tops collection target; 5-month haul reaches P1.43 trillion

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Aubrey Rose Inosante - The Philippine Star

June 16, 2026 | 12:00am

In a statement, the BIR said its May collection showed a 14.2-percent jump from the P244.53 billion recorded in the same month last year. It was also slightly higher than the P279.06?billion collection goal in May, by a slim P78.22 million.

Businessworld / File

MANILA, Philippines — The Bureau of Internal Revenue (BIR) exceeded its revenue target for May, collecting P279.14 billion. This brought its five?month haul to P1.43 trillion, supported by the extended filing season and taxpayer cooperation.

In a statement, the BIR said its May collection showed a 14.2-percent jump from the P244.53 billion recorded in the same month last year. It was also slightly higher than the P279.06?billion collection goal in May, by a slim P78.22 million.

BIR Commissioner Charlito Martin Mendoza attributed the strong outturn last month to the one-month extension of the annual income tax return deadline, originally set for April 15, which President Marcos granted amid the national energy emergency.

Mendoza said the extension allowed taxpayers to “manage their finances and comply with their tax obligations in a more orderly manner during this energy crisis.”

“It gave taxpayers additional time to file and pay correctly while easing compliance pressures during a difficult period,” he said, noting the continued cooperation of taxpayers in meeting their tax obligations.

Mendoza also lauded the BIR’s Revenue Regions, Revenue District Offices, Large Taxpayers Service and National Office for their part during the extended filing season.

He also commended the agency’s workers, from frontline personnel assisting taxpayers in offices and eLounges to back-end teams for sustaining operations despite power and internet interruptions in some regions.

For the January to May period, the BIR raised P1.43 trillion in gross revenues, a 5.5-percent year-on-year increase from the P1.36 trillion collected the previous year.

The agency also slightly beat its P1.42-trillion goal for the five-month period by 0.7 percent.

The BIR’s five-month haul is now about 42 percent of the agency’s P3.43 trillion target for 2026.

Mendoza said the growth was achieved alongside continuing reforms under the BIR DARES agenda.

Last month, the agency rolled out the Taxpayer Portal for Large Taxpayers Service, introduced QR-enabled Certificates of Registration and Registration Seal Badges for online businesses and implemented the Ease of Closing Business reform, which simplified the closure and cancellation of BIR registrations.

The BIR also issued measures to implement the new mining royalty regime under Republic Act 12253.

“The May results show that revenue growth and BIR DARES reforms can move together. We will continue to support taxpayers through clearer rules, simpler processes and better digital services, while protecting the revenue base through stronger enforcement and compliance monitoring,” he said.

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