BIR regional office exceeds revenue target for 1H of 2014-A A +A
By Mia A. Aznar
Thursday, August 7, 2014
WHILE the Bureau of Internal Revenue had difficulty meeting its goals nationwide, the bureau’s Revenue Region 13 exceeded its goal by 2.8 percent.
Officer-in-charge Hermeno Palamine told Sun.Star Cebu that the unit was among the four that performed well in the first half of the year, as announced by Deputy Commissioner for Operations Nelson Aspe during a meeting with directors at the central office last July 31.
From January to June this year, the BIR Revenue Region 13 collected P10.8 billion from five revenue districts in Cebu and Bohol, some P296 million in excess of its P10.5 billion goal. This was 23.78 percent higher than its collection of P8.7 billion for the same period last year. And while some of the districts were unable to meet their targets for the first semester, Palamine noted that they all managed to show high growth numbers from the previous year’s collections.
The Cebu City North Revenue District collected the highest amount of P4.7 billion, 6.16 percent higher than its goal of P4.5 billion. The amount was 27.13 percent higher than the P3.7 billion collected for the same period last year.
The Mandaue City Revenue District collected an excess of 5.49 percent of its P3.1 billion goal. The first half collection amounted to P3.3 billion, up 25.7 percent from last year’s collection of P2.6 billion.
The Cebu City South Revenue District saw a 19.5 percent rise in collection from 2013, ending the first half with P1.2 billion. The district, however, lacked P32 million to meet its target.
Talisay City Revenue District saw an eight percent growth in its collections. They collected P744 million, up 8.78 percent from last year’s P684 million. It, however, lacked 11.4 percent of its target of a P840 million. Palamine explained that the district had many non-recurring collections such as capital gains taxes and the opening of new establishments from last year, which had been considered in their target.
Still, he said Talisay’s performance was better than the national growth of five percent.
The Tagbilaran Revenue District also missed three percent of its target, collecting P807 million. However, its collection grew 19.45 percent from 2013’s P675 million.
It has not escaped Palamine’s attention that they managed to meet their goals last year and the first half of this year despite being hit by two serious calamities in the last quarter of 2013.
He added that the damage was substantial but the taxpayers under the respective districts still managed to comply.
He credited the taxpayers for making them achieve their targets and is hopeful they will be able to sustain meeting their goals until December.
As for self-employed professionals, Palamine expects even higher compliance among them when they file their income tax returns, saying they have begun sending letters to many doctors, lawyers, engineers, accountants and others. He said many of them have responded and sought advice on how they can comply.
Cebu and Bohol having many tourist havens, Palamine said they have also turned their attention to establishments catering to tourists such as restaurants and hotels, checking their registration and if they have declared the correct taxable amounts.
“In general, we have tax-conscious taxpayers. Because all our efforts will be in vain if they refuse to pay,” he said.
Published in the Sun.Star Cebu newspaper on August 08, 2014.