MANILA, Philippines – The Bureau of Internal Revenue (BIR) has reminded Filipinos to file their income tax returns (ITR) before the deadline in April.
The BIR said there will be no extension of the April 15 deadline for the annual filing of ITRs.
The agency also clarified that the deadline of the ITR filing will not be changed, dispelling wrong notions related to the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law.
“Hindi na-move ang deadline kasi apparently may mga nagsasabi because of TRAIN law, na-move ang deadline ng individual filing, ITR ng May 15. Hindi po, paunawa, yung buong taon ng 2019, annual return, due siya on or before April 15, 2020,” BIR deputy commissioner Marissa Cabreros said.
The process of ITR filing is now easier as taxpayers only have to fill out two to four pages of BIR forms. Taxpayers also can now pay their dues and submit tax returns online through the electronic filing and payment system and other online channels.
Cabreros also advised self-employed and professionals to file their income tax returns as early as January to avoid hassles and last-minute deadline glitches.
Taxpayers who will fail to file their 2019 tax returns on time will be charged with a 25 percent surcharge and a 12 percent interest per annum. – RRD (with details from Correspondent Nel Maribojoc)
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