BIR urges taxpayers to file ITR today or pay penalties Featured

BIR urges taxpayers to file ITR today or pay penalties

The Bureau of Internal Revenue (BIR) on Monday urged the public anew to file income tax returns and pay taxes, or pay the consequence of being late.

"Paalala lang sa lahat ng ating tagapakinig, last day of filing po ngayon. Hindi na kami mag-e-extend. Please, mag-file na po kayo at magbayad, kasi tomorrow po, kapag bukas po kayo mag-file ay may penalty na tayo for late filing and late payment," Marissa Cabreros, BIR Assistant Commissioner, said in an interview on GMA News' "Balitanghali."

The deadline for filing an ITR is actually on April 15, but the Bureau of Internal Revenue (BIR) moved the date this year as it falls on Black Saturday, a special non-working holiday.

The BIR last week said it will not extend the deadline, and tax returns filed late will be slapped with corresponding penalties.

The penalties may either be a 25-percent surcharge, a 20-percent interest per year or a compromise penalty.

Cabreros noted the BIR can accommodate last-minute taxpayers until 5:00 p.m.

"Ang BIR office po is bukas hanggang alas-singko ng hapon, so 8:00 to 5:00 po kaming bukas. Ang mga bangko po, nakiusap po kami na mag-extend sila ng banking hours. 'Yung iba ho kasi hanggang alas-tres, pero nakiusap kaming mag-extend ng 3:00 to 5:00 para i-accommodate po ang mga taxpaters na may pahabol po na babayaran ngayong araw na ito," she said. — Jon Viktor Cabuenas/VDS, GMA News

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