MANILA, Philippines - Offices of the Bureau of Internal Revenue (BIR) will be open on 2 consecutive Saturdays prior to the last day of filing of income tax returns, the agency announced on Thursday.
In a statement, the BIR said all of its authorized agent banks (AAB) will be open on March 27 (in lieu of April 3 which is Black Saturday) and April 10 to accept tax returns and payments.
The tax bureau has also asked their AABs to extend their banking hours up to 5 p.m. from April 5 to 15. It reminded all taxpayers to file their income tax returns early in order to avoid the last-minute rush.
The BIR is tasked to collect P830.4 billion this year as the government scrambles to plug its swelling budget gap, which hit P293.2 billion in 2009. The tax bureau, together with the Bureau of Customs, collected P79.2 billion in January, 13% higher than the targeted P70.09 billion for the month.
The figure was also higher than the combined collections of the 2 agencies in January last year, amounting to P69.63 billion.