The Bureau of Internal Revenue (BIR) expects to meet its 2025 tax collection target, citing intensified compliance efforts and ongoing digitalization initiative.
BIR Commissioner Romeo Lumagui Jr. said the agency collected more than P2.86 trillion in 2024, up 13.33 percent from the 2023 tally.
Lumagui said the 2024 collection was the highest revenue collection ever recorded in the agency’s history and marked the first time in 20 years that the bureau reached the target set by the Development Budget and Coordination Committee.
“This achievement is a direct result of the tireless efforts of the BIR employees, their commitment, dedication and countless hours they spend serving the public; the growing partnership and trust between our institution and the taxpayers; the support given by the Department of Finance and more importantly, the full trust, confidence and support given by our President Ferdinand R. Marcos Jr,” Lumagui said.
“Every peso we contribute to the government is a vital investment in our collective prosperity and well-being. So this year, let us continue the same shared passion of being nation builders and contribute to the success of our nation,” Lumagui said.
“Together, let us ensure that the collection target of P3.23 trillion will be attained,” he said.
Lumagui said the BIR’s digital transformation is becoming successful as more people are using the agency’s e-services and online payments.
“That’s all I always say is that in the process please be patient with the process we are going through, there will be many glitches but you can hope that it will be solved and in the coming time it will be really more convenient and all our services will be more seamless,” he said.
Lamugui said he also expects to complete the BIR’s digital transformation and tax modernization by end-2027.