CITY OF TABUK, Kalinga -- The Revenue District Office of Kalinga and Apayao collected P169 million in the first quarter of this year, exceeding its P146 million collection target for the period.
Revenue District Officer Eduardo Gayas said if the collection trend continues, the revenue office can meet its P727 million collection target for the year.
Explaining tax is a basic obligation and the country’s “life blood,” Gayas urged tax payers to pay the right tax amount to the government and advised taxpayers to visit their office for tax assessment before they remit their tax dues at the Land Bank of the Philippines.
Gayas also promoted the Bureau of Internal Revenue (BIR)’s Electronic Filing and Payment System (EFPS) where filing and payment of tax is done on-line. Under the system, individual tax payers can opt to remit their payments using their bank accounts through on-line fund transfer.
The system, he said, makes transaction more convenient to individual tax payers provided they are properly registered with BIR’s EFPS structure.
Gayas also announced BIR allows extension in tax payments until July 15 to tax dues amounting to P2, 000 and above, provided half of the amount is paid upon filing of the ITR on or before the April 15 deadline. (PIA-Cordillera)