BIR urges early filing of income tax returns

The Bureau of Internal Revenue calls on taxpayers to file their annual income tax returns and settle their tax dues before April 15, 2025 to avoid penalties. GMA REGIONAL TV ONE NORTH CENTRAL LUZON FILE PHOTO
The Bureau of Internal Revenue calls on taxpayers to file their annual income tax returns and settle their tax dues before April 15, 2025 to avoid penalties. GMA REGIONAL TV ONE NORTH CENTRAL LUZON FILE PHOTO

THE Bureau of Internal Revenue (BIR) is calling on taxpayers to pay the correct taxes and file their annual income tax returns (AITR) early on or before April 15, 2025.

The BIR in Quezon City launched its 2025 Regional Tax Campaign Kick-off on March 4.

With the theme “Buwis na Tapat, Tagumpay Nating Lahat,” taxpayers were encouraged to be voluntarily compliant in paying taxes to generate funds for the country’s economic recovery and development.

How to file your AITR

* Determine the correct form – choose the appropriate BIR form based on your taxpayer classification: BIR Form 1700 (for individuals earning only compensation income, BIR Form 1701A or 1701 (for self-employed individuals and professionals), and BIR Form 1702 (for corporations and partnerships).

* Fill out the form accurately – provide complete and correct details, including income, deductions, and tax due.

* Compute your tax due – ensure the correct computation based on the tax rates applicable to your income bracket.

* File your return – submit your tax return through: eBIRForms System (for self-employed individuals, professionals, and mixed-income earners), Electronic Filing and Payment System (for large taxpayers and certain mandated entities), and authorized agent banks (AABs) or revenue district offices (RDOs) (for manual filing)

* Pay the tax due – payments can be made through: online payment channels (GCash, PayMaya, Landbank, DBP, UnionBank, etc.), over-the-counter payments at AABs, and revenue collection officers at selected RDOs

* Keep proof of filing and payment – Retain copies of your filed tax return and payment receipts for future reference.

For further inquiries, the public may reach out to the BIR through its chatbot “Revie.” (GMA Integrated News)

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