The COVID-19 lockdown is no reason to delay paying tax dues for example, according to Union Bank of the Philippines. The digitized bank said individual taxpayers and small and medium enterprises can pay their taxes online way before the May 15 deadline extension given by the government.
UnionBank said it “made the call as the Department of Finance appealed to taxpayers to pay their taxes early despite the extension of the payment deadline to May 15, 2020, to help the government generate the necessary funds to combat the coronavirus disease outbreak.” Security Bank Corp. and Rizal Commercial Banking Corp. are two more banks actively calling on the public to make use of online or digitized banking to continue their transactions.
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