The Bureau of Internal Revenue (BIR) posted a gross collection of โฑ198.755 billion in March 2026, up by โฑ21.086 billion or 11.87% from the same month last year, based on preliminary data as of April 13, 2026.
The BIR also released โฑ11.368 billion in tax refunds in March 2026, or more than five times the amount released in March last year. As a result, net collection for the month reached โฑ187.387 billion, up by โฑ11.727 billion or 6.68% year-on-year. While the higher level of refunds tempered net collection growth, it also meant more funds were returned to taxpayers and businesses during the ongoing energy crisis.
โOur March 2026 collection performance is encouraging, especially at this time of economic strain. We at the BIR heed the directive of President Ferdinand R. Marcos Jr. and Finance Secretary Frederick D. Go to help ensure that the government has steady revenues to fund essential services and provide timely support, especially to those who need it most,โ Commissioner Charlito Martin R. Mendoza said.
