Did you know you could pay your taxes via your mobile phone?

Posted on Apr 12 2016 - 9:23pm by Upgrade Staff

The Bureau of Internal Revenue (BIR) in partnership with GCash mobile money service, is set to re-launch the first electronic filing and payment system in the country on Apr 12, 2016. Together with the USAID Facilitating Public Investment Project and the USAID E-PESO Activity, these computerization and digitization reform measures aim to improve tax collection and administration, curb corruption, and strengthen business climate in the country.

At the podium – Albert Tinio, CEO of GXchange, Inc. From L-R: Randolph Montesa, First VP, Land Bank of the Philippines Bill Gardner, Chief of Party, USAID Facilitating Public Investment Project Nelson Aspe, Deputy Commissioner for Operations, Bureau of Internal Revenue Lilia Guillermo, Deputy Commissioner for Information Systems, Bureau of Internal Revenue Cecilia King, Deputy Commissioner for Resource Management, Bureau of Internal Revenue Estela Sales, Deputy Commissioner for Legal, Bureau of Internal Revenue

 

“Sa patuloy na pagbayad ng tamang buwis, patuloy ang pag angat ng Pilipinas” [the continuous payment of right taxes will continue and sustain the growth of the Philippines], said BIR Commissioner, Kim Henares. The bureau aims to increase funding contribution for the country’s growing needs for basic infrastructure and social programs necessary to reduce poverty, thus, the government continues to push for the growth of the country’s fiscal space.

Globe Telecom complements government tax collection efforts by creating financial technology highways through its new wholly-owned subsidiary, Mynt.

Mynt 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. Paying with GCash is simple, 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.

All taxpayers who are Globe/TM customers registered to GCash are eligible to use this facility.

Related Posts

Lenovo VIBE K4 Note now available for free with Sm... Virtual reality (VR) enthusiasts and multimedia junkies can now enjoy Lenovo VIBE K4 Note with VR Headset for free at either the Smart or Globe Plan 9...
Globe Telecom is exclusive Phl telco carrier of Sa... Globe Telecom has announced that it acquired exclusive rights to carry the new Samsung Galaxy Note Edge to the Philippine market. The device is offere...
Globe expands interconnection with competition for... Globe Telecom reported that interconnection with its main competition for fixed voice calls has been expanded further to include Davao Oriental provin...
Fitness app KFIT launched A start-up aiming to change the fitness industry, called KFit, was launched to help users discover, plan, and reserve fitness, beauty and wellness act...
Globe extends submission deadline for Catalyst con... With quite a number of submissions it has currently been receiving, Cat@lyst, the social transformation initiative promoting positive change through n...
Globe first PH telco to commercially deploy LTE-ad... Globe Telecom became the first telecommunications operator in the Philippines to commercially deploy LTE-Advanced 4 component carrier (4CC) spectrum a...
Globe, PLDT urge PCC to open channels for dialogue Philippines’ leading telecommunications companies, Globe Telecom and PLDT, have called on the Philippine Competition Commission to open channels for d...
Tattoo unveils higher monthly data allowances for ... Globe Telecom broadband brand Tattoo announced that it boosted its roster of home broadband plans with higher monthly data volume allowances to accomm...
Globe to roll out free and faster premium public W... Globe is upgrading its customer experience through the roll out of its free premium public WiFi service, GoWiFi, to more locations. It is currently ac...
Phl scores high among Starters category of Global ... Despite the absence of public investments in enhancing broadband access and speed, the Philippines scored high among Starters category of the Global C...
About the Author

Leave A Response