The Deadline for Payment of Income Tax Has Been Extended
This is the third time the BIR moved the deadline.
(SPOT.ph) With social distancing to constant disinfection just two things to keep in mind now, adjusting back to everyday life amid the COVID-19 pandemic won't be easy. Here's one thing that might just ease the transition: You have until June 14 to settle your 2019 income tax payment. This is the third time the Bureau of Internal Revenue has moved the deadline from the original date of April 15.
Several forms of tax duties, including the 2019 income tax, were postponed through Revenue Regulations No. 11-2020. This comes as part of the Bureau of Internal Revenue's (BIR) response the Bayanihan to Heal As One Act.
If you are able, you can settle your tax payments before the deadline through online channels of the BIR. The annual April 15 deadline usually sees scores of people at the BIR offices—which, with the current circumstances, is not allowed. The BIR also notes that the June 14 deadline may once again be moved if the enhanced community quarantine is extended past May 15, according to a CNN Philippines report.
The full two-month extension for tax payments was implemented amid different levels of quarantine restrictions across the country. For the National Capital Region, the enhanced community quarantine has also been extended twice: Initially, it was meant to be lifted on April 13, then on April 30, and (perhaps) finally, it is scheduled to be lifted on May 15.
this strange new world.