The Bureau of Internal Revenue (BIR) said it collected P530.055 billion in net revenue in the first two months of 2026, surpassing its internal target as the agency ramped up enforcement efforts and tax administration.
The preliminary collection data for Jan. 1 to Feb. 28 exceeded the bureau’s goal of P527.775 billion by P2.280 billion, representing a 100.43 percent achievement rate. This marks a 2.97 percent increase compared to the P514.748 billion collected during the same period in 2025.
It said the P15.307 billion year-on-year gain reflects steady improvements from intensified administration and ongoing measures to boost taxpayer compliance nationwide. Despite global economic headwinds, the agency said remains committed to sustaining revenue growth to support the fiscal stability and inclusive growth agenda of President Ferdinand Marcos Jr.
Under the guidance of Finance Secretary Frederick D. Go, the BIR said it remains steadfast in advancing fiscal discipline and institutional modernization. The bureau said it will continue to pursue its mandate through a balanced approach of raising revenues for national development while protecting taxpayers’ rights and strengthening stakeholder trust.
