The Bureau of Internal Revenue (BIR) announced that all its authorized agent banks (AABs) will operate on two Saturdays before the April 15 deadline for filing income tax returns.
According to a bank bulletin issued by the tax bureau, the 19 banking institutions that make up the AABs will be open for tax payments on April 6, 2024, and April 13, 2024.
This directive aligns with the memorandum of agreement the BIR has with the AABs and the Bureau of the Treasury, requiring the banks to be operational on two Saturdays before the annual income tax deadline of April 15.
Furthermore, the BIR has instructed AABs to extend their banking hours until 5:00 PM from April 1 to April 15, 2024.
“All income tax payments that will be accepted on April 6 and 13, 2024, shall be reported in the Batch Control Sheet (BCS) as collection for the following working day, April 8, 2024 and April 15, 2024, respectively,” the BIR said.
“However, the machine validation of the Annual Income Tax Return (AITR) in the deposit slip for the tax collections and the submission of the BCS, together with the supporting income tax returns and attachments, shall be in accordance with the existing procedures,” it added.
The details can be found in Bank Bulletin 2024-1, dated Feb. 20, 2024, signed by BIR Commissioner Romeo D. Lumagui Jr.