BIR collections up 14.15% in May 2026

The Bureau of Internal Revenue (BIR) posted a 14.15% growth in its gross revenues for the month of May, reflecting the extension of the deadline for filing of annual income tax returns (AITRs) to May 15, 2026.

The BIR said its revenues climbed to P34.610 billion in May, exceeding its P279.056-billion goal by P78.22 million, after the deadline for AITRs was moved from April 15 to May 15, 2026.

“It gave taxpayers additional time to file and pay correctly while easing compliance pressures during a difficult period,” BIR commissioner Charlito Martin Mendoza said in a statement released Monday.

“The May results show that revenue growth and BIR DARES reforms can move together. We will continue to support taxpayers through clearer rules, simpler processes, and better digital services, which protecting the revenue base through stronger enforcement and compliance monitoring,” Mendoza said.

Mendoza was referring to the BIR’s five-point reform and legacy agenda on digital and data transformation, audit reform and accountability, revenue collection and base protection, employee empowerment and welfare promotion, and service excellence and stakeholder engagement.

This brought the year-to-date collection to P1.424 trillion, up from P75.582 billion the same period last year, and higher than the P1.424-trillion target of the agency.

The BIR last week also announced the extension of the deadline for tax filing, payment, and document submissions for taxpayers in the revenue district offices (RDOs) of General Santos City, Sarangani, and South Cotabato to June 30, 2026, following the magnitude 7.8 earthquake. —AOL, GMA News