Friday, March 29, 2024

BIR taps GCash for relaunch of e-filing and payment system

With the deadline for filing for income tax again approaching, the Bureau of Internal Revenue (BIR) has partnered with GCash mobile money service to re-launch the first electronic filing and payment system in the country.

Photo shows (from left): Albert Tinio, CEO of GXchange Inc., Randolph Montesa, first vice president at Landbank; Bill Gardner, chief of party at USAID Facilitating Public Investment Project; Nelson Aspe, BIR deputy commissioner for operations; Lilia Guillermo, BIR deputy commissioner for information systems; Cecilia King, BIR deputy commissioner for resource management; and Estela Sales, BIR deputy commissioner for legal
Photo shows (from left): Albert Tinio, CEO of GXchange Inc., Randolph Montesa, first vice president at Landbank; Bill Gardner, chief of party at USAID Facilitating Public Investment Project; Nelson Aspe, BIR deputy commissioner for operations; Lilia Guillermo, BIR deputy commissioner for information systems; Cecilia King, BIR deputy commissioner for resource management; and Estela Sales, BIR deputy commissioner for legal

Together with the USAID Facilitating Public Investment Project and the USAID E-PESO Activity, the computerization and digitization reform measures are aimed at improving tax collection and administration, curb corruption, and strengthen business climate in the country.

Globe Telecom collaborated with BIR through its new wholly-owned subsidiary Mynt, which is the holding company of G-Xchange Inc. which operates GCash.

?We are thankful for the confidence given to us by the BIR. Through GCash we aim to provide easy access to government services using financial technology solutions over mobile phones and simple person-to-person transfers that are reliable, more convenient and affordable,? said John Rubio, CEO of Mynt.

To this, GCash president Albert Tinio added: ?GCash helps the government utilize mobile money for collections and disbursements of social welfare benefits, government fees and taxes. By limiting face-to-face transactions, GCash is able to increase access to government services and reduce potential leakages especially in hard to reach areas.?

GCash was first introduced for national tax payments in 2005. In line with the BIR?s thrust in expanding the provision of electronic services, most notably with the release of eBIRForms v6, an improved e-filing software that can serve all taxpayers, the use of GCash is now expanded to allow payments for all types of taxes.

It also works with local and national government agencies to increase public?s awareness through the e-Bayad (https://m.facebook.com/ebayadtour/) campaigns and enable usage of electronic payments in government transactions.

With the BIR partnership, taxpayers can use their mobile phone to pay for all types of taxes in a few minutes instead of going to BIR regional district offices or authorized agent banks with their cash or check.

To pay via GCash, they just need to:

(1) download the GCash app from Play Store for Android then register,
(2) fund their GCash account from any GCash partner outlet, and
(3) initiate payment via the GCash app.

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