PASAY CITY -- Senator Christopher “Bong” Go vowed to support and pursue measures that would strengthen the education sector and promote the best interest and welfare of students and teachers during the thanksgiving tribute organized by the Coordinating Council of Private Educational Associations of the Philippines (COCOPEA) for the authors of the Proprietary Educational Institutions Tax Act.
On Thursday, January 20, Go virtually joined the other authors and sponsors of Republic Act No. 11635 as they were lauded for the passage of the measure that effectively reduces the tax rate of proprietary educational institutions to 1% of their taxable income until June 2023. It was signed by President Rodrigo Duterte on December 10 last year and significantly helped private schools and Filipino educators amid the pandemic.
In his video message, Go acknowledged the challenges faced by the educational institutions during the pandemic and reiterated the need for stronger government support to ensure that the education sector continues to deliver quality education to Filipino students.
“As we approach the second year of the pandemic, we have seen how our economy has been greatly affected by this calamity. Nakakalungkot man po isipin, isa sa mga lubhang tinamaan dito ay ang mga private educational institutions dahil pansamantalang itinigil ang mga face to face classes,” Go remarked.
“Napilitan pong mag-invest ang ilang mga paaralan ng napakalaking halaga para sa mga online learning systems, upang matugunan lang ang pangangailangan ng mga kabataan,” he continued.
The senator then expressed his optimism for the benefits of the law as he noted that this would significantly reduce the burden on private educational institutions and help the education sector as a whole, saying, “Being one of the co-authors and co-sponsors of this measure in the Senate, I only have the best interests of our education system and our youth at heart.”
“When we amended Section 27(B) of the tax code in (the) Congress, we clarified that private education institutions should indeed benefit from the lower tax rates in order to save our schools from closure due to financial difficulties, prevent unnecessary lay-offs of our educators, and most importantly, preserve the ‘second homes’ of our youth,” he explained.
Continuing his remarks, Go reaffirmed that the government will remain steadfast in supporting and boosting the education sector to ensure that private schools will be able to sustain their staff and even hire more teachers despite the COVID-19 pandemic.
“Sa mga guro at pati na rin ang mga kabataan, hindi po kayo dapat magpasalamat kasi trabaho naman po namin na pagaanin ang inyong mga pinapasan lalo na ngayong panahon ng pandemya,” Go said.
“Tulad nga ng sinasabi sa akin ni Pangulong Duterte, kailangan protektahan at sikapin na mabigyan ng magandang edukasyon ang mga kabataan dahil sila ang tulay sa magandang kinabukasan ng ating bayan,” he stressed.