Paying, filing of ITR ends today — BIR

MANILA, Philippines — The filing and paying of the annual income tax return (ITR) for 2023 ends on Monday, April 15, the Bureau of Internal Revenue (BIR) reminded the public.

The tax bureau previously said that there would be no extension for the filing and payment of the ITR.

RELATED: No extension: Tax filings to lift BIR collections to P406 billion in April

An ITR is a document that summarizes all the transactions covering the calendar year of the taxpayer.

The document should be filed on or before April 15 of each year covering income for the preceding taxable year.

Aside from the ITR, BIR said the following can only be registered, submitted, filed and paid until today, April 15:

Last week, the BIR said that it is expecting to collect more than P406 billion in April, largely driven by the annual ITR filing.

This is 21% higher than the P336 billion collected during last year’s tax season, according to the tax bureau. — with reports from the Star/ Louise Maureen Simeon