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Salceda cites strong performance of BOC

May 6, 2023 People's Journal 170 views

HOUSE Committee on Ways and Means chairman Albay Representative Joey Salceda has hailed the country’s tax collection agencies, particularly the Bureau of Customs (BOC), for doing what he described as a “very good” performance.

“Before we start our committee hearing for today, please allow me to congratulate the tax collection agencies for very good revenue collection performance. Hindi lang good ha very good,” Salceda told his panel on Wednesday.

Salceda congratulated the BOC, led by its commissioner, Bienvenido Rubio, for its strong performance for the month of April when the agency raked in P68.274 billion.

“I also want to congratulate the Bureau of Customs for once again exceeding its revenue collection targets for the month of April 2023. The BOC collected P68.274 billion last month, exceeding its target of P68.199 billion,” the House tax panel chief said.

“This suggests that, despite uncertain global conditions, our tax collection agencies are exceeding expectations and are working hard to earn the lifeblood of the Philippine government,” noted Salceda.

It turned out that April 28 was also the day that the BOC broke its record for biggest single-day collection. On that day, customs collected P7.510 billion.

This was P1.436 billion or 23.64 percent higher than the previous single-day record of P6.074 billion, which was achieved last Oct. 14, 2022.

Rubio said that for the first four months of 2023, customs has already collected P281.902 billion, which 6.29 percent or P16.682 billion higher than its target of P265.220 billion.

The figure is also 10.89 percent higher than 2022 first four months collection of P254.226 billion.

Meanwhile, Salceda also gave props to the Bureau of Internal Revenue (BIR), which according to him expects to collect a record P301 billion in April alone or 25 percent from P239.6 billion last year.