The bible of Philippine politics

COA flags BIR for failing to pay employees’ retirement, life insurance premiums

0 77

By Allan Yves Briones

In its audit report, the Commission on Audit (COA) called out the Bureau of Internal Revenue (BIR) for failing to utilize over P57 million intended to cover payment of personnel services, “including Retirement and Life Insurance Premiums” for 2018.

An accounting by the state auditors showed that there was a lapsed Notice of Cash Allocation (NCA) in the amount of P57.231 million which was neither recorded nor utilized by the bureau, resulting in the aforementioned unpaid obligations.

Last year, COA similarly flagged BIR for its failure to remit its employees’ taxes and social contributions.

Upon recommendation by the state auditors, BIR agreed to be “more prudent” in recording NCAs received.

This June, the Presidential Anti-Corruption Commission named BIR as one of the most corrupt government agencies (SEE: https://www.abante.com.ph/walang-kupas-boc-bir-dpwh-top-3-sa-katiwalian.htm).

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy