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FOR YEAR 2012: BIR-Bicol eyes P5.7B revenues

April 26, 2012 by admin in Business

By Danny O. Calleja

FROM its revenue collection of P4.7 billion in Bicol in 2011, the Bureau of Internal Revenue (BIR) is seeking a billion pesos more as it places its collection target in the region for this year at P5.7 billion.

“Although our P4,714,368,943.79 collection last year fell short from our P4.996-billion target, it posted an improvement of 8.55 percent or more than P374.4 million over our collection in 2010. Thus, we are confident that this year, we would be able to reach the target of P5.7 billion,” BIR Regional Director for Bicol Esmeralda Tabule over the weekend here said.

That air of confidence, Tabule said, is inspired by the fact that last January alone, the regional collection hit the over P.5 billion mark. “We were able to realize a P525,524,777.40 collection in the first month of this year surpassing by 6.01 percent our P495.7 million goal for the month and 23 percent or P99 million over of our collection for the same period last year,” she said.

The January 2012 collections came mostly from remittances made by tax withholding agents in the region and from annual registration payments of regular suppliers of goods and services by the top 5,000 to 20,000 individual and private
corporations including large taxpayers, Tabule explained. The Excise Tax return for sale of gold and other metallic mineral products by smallscale miners to the Bangko Sentral ng Pilipinas (BSP) was additional contributor, she added.

Another motivating factor for the BIR to aim for higher revenue collection in Bicol this year, Tabule saidis the ascending trend in tax remittances it was able to establish owing to the economic growth the region is achieving particularlygenerated by its booming tourism industry and pouring in of investments in mining, agribusiness, malls and business outsourcing,  among others. She cited a report of the National Statistical Coordination Board (NSCB) saying Bicol’s regional economy grew by 8.2 percent in 2009, twice its pace in 2008 and much faster than the 1.1 percent growth at the national level.

This growth has been sustained in 2010 and even scaled up in 2011 with the industry sector remaining as Bicol’s strongest performer for an 18.3 percent average expansion that catapulted the region to the top among all the other regions of the country in terms of growth, the NSCB data show.

The Regional Development Council (RDC) headed by Albay Gov. Joey Salceda, a topnotch economist, placed Bicol’s economic growth in 2011 at 12.4 due to the favorable showings of the region’s key economic factors—improved factors – improved peace and order situation, enlivened tourism industry, friendly business climate and agricultural productivity.

“We are taking advantage of these magnificent economic performances of the region in our tax collection target and one of our major campaigns is to instill to the buying public the importance of asking for a receipt for every purchase they make to ensure that the corresponding tax is paid,” Tabule said.

As a complementary project to the “Ask for a Receipt Program,” she said the BIR regional office is launching a “Receipt Issuance Campaign” that would remind all business establishments the importance of issuing receipt in every sale transaction they make.

Under this campaign, businesses are required to post in conspicuous places in their establishments a new sticker with the message “Sa Kada Pagbakal Mo, Obligacion Ko an Magresibo (For every purchase you make, it is my obligation to issue a receipt).”

BIR Bicol had also introduced “Robi Resibo” the anime superhero they created whose mission is to go around business establishments as a way to further strengthen their advocacy campaign on the importance for the customers to demand a receipt for every transaction and for the business establishment to automatically issue a receipt.  Tabule also said that they will also strengthen their campaign by vigorously implementing Oplan Kandado and monitoring of professionals lessors and lessees, withholding agents, top 20,000 corporations and top 5,000 individual taxpayers. PNA


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Comments from the Readers
  • bottes cuir homme moto: bottes cuir homme moto... Exciting insights, you should take into account doing a podcast on business and marketing and advertising.... View Post
  • Louis Vuitton Outlet Online: Louis Vuitton Outlet Online... Cannot believe the naive comments. You go and visit these places and you will see exactly what having this sort of communication means to the community. Alerts for all sorts of disasters... View Post
  • antonio pena: What a blissfull story, Thanks be to God. Happy New Year Sir, May our Lord God Jesus Christ be with us all always. Only God knows our destiny. View Post
  • Theanna: What happened to the news bits under this picture? View Post
  • Theanna: Thanks for the above concerns. I thought I was the only one who sensed something odd, since I read the news printed under the Business section on Nov.15. I posted a comment, after much deliberation, on Nov. 17 re the offensive word in the headline. My simple arithmetic doesn't add up to the expected results of this huge 3billion peso project. I feel like the child in Hans Christian Andersen's story of "The Emperor's New Clothes". I can't figure out how the people there can generate 100 tons of garbage a day. View Post
  • ariston: FAMILY VALUES ENHANCEMENT,PROGRAMA NI LRAY VILLAFUERTE,DIOS MIO,KADAKUL NA FAMILYA ANG NAGTITIOS ,NAGUGUTOM SA MGA ORAS NA INI TA HINALI NIYA SA TRABAHO,MAGBUNGKARAS KITA MGA CAMARINENSIS,ANG PROGRAMANG INI HURI NANG MARAY. View Post
  • alejandro: ano an sanglit? View Post
  • alejandro: tukdoan tang magnoronegosyo sagkod magtipon an mga pinapadarahan kan mga OFW. bakong dalagan tulos sa mcdonald. pagpuli kan OFW, otot. sibot na naman magbuwelta ta mayo na naman nin kuwarta. View Post
  • Pastor Dan: Can we rely on the government to be able to address the perennial problem of hunger and malnutrition among marginalized children ? Your guess is as good as mine... I just thought we could be more introspective with the developmental role of privately funded NGOs. The NGOs can play a crucial role in addressing this issue... more so if the present dispensation manifest some tangible support for them... View Post
  • Engr. Efren Rempola: Tama ka dyan, Manoy Joel, bako man si Fortuno o si Aga Muhlach an mabugtak saimo sa Kapitolyo tangaring ibalik mo sa mga taga-Camarines Sur an harong na ini. Kun talagang habo saimo ni Aga, sa cuarto distrito, yaon baga si dating Cong. Wimpy Fuentebella asin an mga Alcalde na supotado ki Spkr Noli Fuentebella. Dae naman yan ma-iriba ki Gurang na Villafuerte ta aram naman ninda na drama man sana an labanan kan mag-amang Luis asin L-Ray. Sa quinto distrito (Rinconada), Manoy Joel, yaon baga si dating Cong Nancing Alfelor. Aram man sana kan gabos na Rinconada na iyo ini an tunay na LP bakong si Fortuno. Dae naman pati yan ma-iriba ki Gurang na Villafuerte nin huli ta bistado na an iwal-mag-ama na sarong pakitang-tao lang tangaring sinda-sinda na sana an maglaban sa eleccion, eh, ngonyan yaon ka dyan Manoy, dikit na sacripisyo na lang, hahalion na an mag-ama asin ma-ibabalik na an Kapitolyo sa mga tao. View Post
  • Winston Cigarettes Website: Very nice article, just what I needed. View Post
  • traqy: Wow! This will bring longterm economic opportunity to Naga City. Thus, the city will be more self-reliant and self-sustainable as power supply will be rarely disrupt even in times of natural disaster. More BPOs might operate in the city as the confidence on power supply is high. Good work Mayor John Bongat! View Post
  • ariston: Ano ang pagkakaiba kang Pulis Naga ngonian sa Pulis kaidto? Primero dikit sana ang kapulisan kaidto,ngonian paingorag, ; ang badil ninda kaidto,Cal. 38 revolver sana,ngonian,9MM pistol;pero ang pinakagrabeng pagkakaiba,ANG PULIS NAGA KAIDTO,DISCIPLINADO,SAKA MAY YAGBOLS,NGONIAN PURO SANA PORMA,PALIBHASA KAYA SA TRAINING PA SANA LOUSY NANG MARAY. Mas may pakinabang pa ngani ang Barangay Tanod. View Post
  • Manny Ilao: Excellent news, this will surely address the issue of power outages in Naga and will solve the garbage disposal issue. The government should not forget though, because this involve burning waste including hazardous materials, they should address the issue of airborne pollution. This is a proven technology, however, the government should do its job in monitoring the air quality of Naga. View Post
  • ariston: KAYA DAPAT ANG DEBATE SA CAMPANYA SA ELECTION GAMITON ANG BIKOL NA TATARAMON,MANIWALA KAMO MGA BIKOLANO,SI AGA SAKA SI LRAY ENTERONG MAGKAKAPAKAPA YAN TA MGA TAGALOG BAGA NI.MAS MAORAG PA NGANI SI CONG. DATO ARROYO,MASKI MEKENE,PULIDONG MAG BIKOL. View Post
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