BIR on track from January to April 2011

Tax collections by the Bureau of Internal Revenue (BIR) have reached a total of
P302.94 billion for the first four months of CY 2011, or from January to April this year.
This figure exceeds the cumulative target for the same period, which amounts to
P302.16 billion, by about P781 million or by about 0.3 percent.
Compared to actual tax collections by the BIR for the same period in 2010, where tax
collections reached P265.05 billion, this year’s revenues surpassed 2010 by P37.89
billion, for a growth of about 14.3 percent.
For the month of April 2011, the BIR collected a total of P103.39 billion in tax revenues.
Comparedto actual collections for the same month in 2010, which amounted to
P91.16 billion, April collections expanded by P12.23 billion, registering a growth of
about 13.4 percent.
“I think, through hard work, commitment and dedication to perform, my people at the
BIR continue to prove that the agency can meet the government’s revenue
expectations. However, we know this is not yet enough to meet the health and
educational needs of the country. We must continue to increase the BIR’s performance
through reforms,” says Commissioner Kim Henares.
The BIR presented its recently concluded five-year Strategic Plan (2011-1016) to the
Philippines’ development partners last May 6, 2011. In this plan, the BIR outlines its
reform agenda as well as priorities over the short to medium term.
“It is important because this plan was crafted by people from the BIR. It is owned by
the BIR and it will be executed by the BIR through the assistance of the donor
community where needed” adds Commissioner Henares.