No More Extensions in BIR Filings – Taxes in the Philippines

May 15, 2020

Illustration of a person navigating a maze with virus symbols and blank signposts.

Companies and businesses in the Philippines must strictly comply with tax deadlines, as there will be no more extensions in BIR Filings. While the national government has extended the Enhanced Community Quarantine (ECQ) for another 15 days until May 31st—making Manila one of the longest lockdown cities in the world—the Bureau of Internal Revenue (BIR) has made it clear that it will not grant any further extensions for tax filing deadlines.

Even if the lockdown is prolonged, businesses are expected to meet their tax obligations on time. The BIR’s firm stance means companies must plan ahead and ensure timely submissions to avoid penalties. With no more extensions in BIR filings, tax compliance remains a top priority despite ongoing restrictions. This decision highlights the government’s effort to maintain revenue collection while adapting to the economic challenges brought about by the pandemic.

Internal Revenue Deputy Commissioner Arnel S.D. Guballa said on Wednesday, “The Government needs funds”.

“There’s still a quarantine. It’s just that we won’t allow an extension.”

Previously the BIR has already extended the previous April 15th deadline for the filing of Income Tax Returns several times. The last extension came through RR 11-2020 until June 15th, however, there was a line in the revenue regulation that reads “in case of another quarantine extension, defined extended due dates… shall be allowed further extension of 15 calendar days.” One could take this to mean that even if the Enhanced Community Quarantine is extended businesses in the Philippines will have at least 15 days to file after the lifting, but Commissioner Guballa said that this rule will be amended.

It appears the government will really impose the filing and paying of taxes even if companies are just getting back to work from the ECQ. With this deadline now fast approaching is your organization ready for tax filing?

For assistance with Income Tax Reporting, payroll, and bookkeeping and accounting services please contact Triple i Consulting at info@tripleiconsulting.com for more information.