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Business

BIR: Online filing of ITRs to be rolled out next year

Jovan Cerda - The Philippine Star

MANILA, Philippines - Bureau of Internal Revenue (BIR) Commissioner Kim Hernares on Tuesday said the tax collecting agency is now putting in place measures for the electronic filing of income tax returns (ITRs) by April next year.

Henares said the agency is in talks with the Department of Budget and Management for the online payment system.

“We will put up interactive forms for self-employed individuals to file their ITRs online with an option to pay electronically or through banks,” said Henares.

She added that by next year, taxpayers will soon have the option to file their ITR either electronically or manually.

She added that BIR is now pilot-testing other tax-related payments such as the value-added tax which it plans to implement by the end of the year.

Other measures include the improvement of information technology capacity of registering corporations as well as properties, the state agency said.

“This will provide us assurance that those who registered with us are legitimate persons,” Henares said.

vuukle comment

ADDED

AGENCY

BIR

BUREAU OF INTERNAL REVENUE

COMMISSIONER KIM HERNARES

DEPARTMENT OF BUDGET AND MANAGEMENT

ELECTRONICALLY

HENARES

TAX

YEAR

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