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BIR Penalizes Late Payments for Monthly Dues

welcome By: Elena Grace Flores

Tax protester
Tax protester (Photo credit: ibm4381)

It was surprising to learn that even if we have not issued the official receipt stubs from the Bureau of Internal Revenue yet, we are already penalized for 1,000 Pesos for not submitting a “no income” declaration. This gives us the idea why many people are not complying with the tax rules. Here’s the complete tax payment schedule – just in case you missed the seminar:

By: www.bir.gov.ph

Who Shall File

>       This return shall be filed in triplicate by every withholding agent (WA)/payor who is either an individual or non-individual, required to deduct and withhold taxes on income payments to Expanded/Creditable Withholding Taxes. http://www.bir.gov.ph/info-efps/Form%20Guidelines%20And%20Instructions/Form%201601E%20Guidelines%20and%20Instructions.html

If only the taxes paid by the public will go back to the people in general through government services, tax collection will not be a problem at all. However, since the disclosure of the pork barrel scam and the unconstitutional use of PDAF and DAF reserves, who can trust  the government now? Let me know should you wish to react on this!

Web Design by:  Miracquel Puelong

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