President Bongbong Marcos on Tuesday moved the deadline for filing 2025 annual Income Tax Returns to May 15, 2026, pushing back the original April 15 cutoff and giving taxpayers more time to comply without penalties.
The shift affects one of the most time-sensitive obligations for workers and businesses each year. It covers filing, payment of taxes due, and submission of required documents under the Bureau of Internal Revenue.
“Mas may oras ang bawat taxpayer na makapag-file nang maayos… at walang ipapataw na penalties,” Marcos said.
For taxpayers, the extension changes the immediate pressure of the deadline. It allows more time to complete filings, secure documents, and settle dues without the risk of added charges tied to late submission.
Returns may be filed through the BIR’s electronic platforms or through Authorized Agent Banks. Payment may also be made through available electronic channels.
The move comes as fuel prices continue to climb, driving up transport costs and affecting the price of goods. That pressure has reached households and small businesses managing daily expenses.
“Ginawa natin ito para mas magaan ang pagbabayad ng bawat Pilipino… lalo na sa panahong ramdam ang pagtaas ng presyo ng langis,” he said.
The extension places the focus on compliance under strain. It gives taxpayers a longer window to meet requirements while costs remain elevated.
The Bureau of Internal Revenue urged taxpayers to use its digital systems and banking partners to complete their filings within the extended period.
