Manila: The Department of Finance (DOF) has issued a revenue regulation aimed at consolidating education-related tax incentives to boost investments in human capital development.

According to Philippines News Agency, Revenue Regulations (RR) No. 13-2025 aims to simplify and consolidate outdated procedures that have hampered access to tax incentives granted under existing laws for education and training. The DOF announced this new regulation in a statement on Wednesday.

The regulation, signed by Finance Secretary Ralph Recto on March 17, 2025, upon the recommendation of Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr., took effect on April 17, or 15 days after its publication on the BIR website. This initiative ensures ease of doing business while encouraging investments in primary to tertiary education, as well as technical education and skills development.

The DOF stated that the issuance of the regulation 'enhances the ease of doing business, while supporting investments in primary to tertiary education, technical education, and skills development in the country.' The initiative aligns with the goals set out in President Ferdinand R. Marcos, Jr.'s Philippine Development Plan (PDP) 2023-2028, which emphasizes the significant role of public-private partnerships (PPPs) in delivering access to quality, inclusive, and workforce-responsive education and training programs to Filipinos.

Finance Secretary Recto emphasized, 'By prioritizing education, we are accelerating not only national development, but more importantly, we are creating more opportunities to uplift the lives of every Filipino through strategic human capital investments.'