Manila, Philippines - In 2005, April was declared as Tax Awareness Month by virtue of Proclamation No. 812, s. 2005, putting a premium on the “value of taxes to our society” and how “taxation plays a pivotal and crucial role in nation building.”
The Proclamation’s scope did not extend to the April of every year thereafter. Nonetheless, every April is (or should be) the month for tax awareness, because April 15 is the annual date that income tax returns (ITRs) are filed for the preceding taxable year; i.e., it is the deadline for filing your ITRs.
To help you prepare for April 15, 2014 and to help you navigate the world of good taxpaying citizens, The Official Gazette compiled resources and links that you will find useful:
Paying your taxes right is as easy as RFP. Register, File and Pay. Watch the video (message) from the Bureau of Internal Revenue (BIR) and Department of Finance (DoF).
Taxes make up a large part of the national budget. For the 2014 National Budget, tax revenues (as opposed to non-tax revenue, such as fines or tolls) account for 83 percent of all appropriations. This amounts to P1,879,918,000,000 of the P2.265-trillion General Appropriations Act.
Taxes directly fund key programs and services provided by the government. The salaries of public servants, such as teachers, and police officers, are funded by taxes. Public education, roads, and healthcare are also funded by taxes. With the Bangsomoro peace pact now in place, taxes will go a long way in funding development in Bangsamoro communities, therefore helping pave the way for lasting peace in Mindanao.
Taxes belong to the public, and the public must demand transparency and accountability from all levels of government in the use of public funds. The government, likewise, must ask citizens to meet their tax obligations honestly and responsibly.
The Proclamation’s scope did not extend to the April of every year thereafter. Nonetheless, every April is (or should be) the month for tax awareness, because April 15 is the annual date that income tax returns (ITRs) are filed for the preceding taxable year; i.e., it is the deadline for filing your ITRs.
To help you prepare for April 15, 2014 and to help you navigate the world of good taxpaying citizens, The Official Gazette compiled resources and links that you will find useful:
- Tax terms, simplified
- Who are required to pay file income tax returns?
- How to file your income tax returns
- bir.gov.ph—Official website of the Bureau of Internal Revenue; it contains announcements, information, tax rules, and others.
- knowyourtaxes.ph—An interactive website.
Paying your taxes right is as easy as RFP. Register, File and Pay. Watch the video (message) from the Bureau of Internal Revenue (BIR) and Department of Finance (DoF).
Taxes make up a large part of the national budget. For the 2014 National Budget, tax revenues (as opposed to non-tax revenue, such as fines or tolls) account for 83 percent of all appropriations. This amounts to P1,879,918,000,000 of the P2.265-trillion General Appropriations Act.
Taxes directly fund key programs and services provided by the government. The salaries of public servants, such as teachers, and police officers, are funded by taxes. Public education, roads, and healthcare are also funded by taxes. With the Bangsomoro peace pact now in place, taxes will go a long way in funding development in Bangsamoro communities, therefore helping pave the way for lasting peace in Mindanao.
Taxes belong to the public, and the public must demand transparency and accountability from all levels of government in the use of public funds. The government, likewise, must ask citizens to meet their tax obligations honestly and responsibly.