Fri, 28 Feb 2020

Makati extends deadline for local tax payments

Philippine Information Agency
20 Jan 2020, 18:38 GMT+10

MAKATI CITY, Jan. 20 (PIA) -- The Makati City government has extended the Jan. 20 deadline of the assessment and payment of local business and realty taxes in the city following the passage last week of City Ordinance No. 2020-001.

Makati Mayor Abby Binay said the assessment of business permits with no penalty will be until January 25, while the city will receive payments for business and realty taxes with no penalty until 5pm of January 31 only.

"We are giving our taxpayers more time to comply with requirements for the renewal of their business permits and payment of taxes due. We hope they will do their part to make the extension count and serve its purpose, which is for their benefit," Binay said.

The mayor reminded taxpayers of the penalties for late payments, such as a 25 percent surcharge and two percent interest per month of the delay until the full payment of business tax due has been settled.

On the other hand, a 10-percent discount is given to non-delinquent taxpayers of real property tax who will pay for the full year on or before the Jan. 31 deadline.

The mayor said frontline offices have been authorized to render overtime services to serve taxpayers until Jan. 31.

The Business Permits and Licensing Office (BPLO) will be open from 8am to 10pm on Monday to Friday (Jan. 20 to 24; Jan. 27 to 31), and on Saturday and Sunday, Jan. 25 to 26, from 8am to 5pm.

The Business Tax Division will be open on weekdays from 8am to 10pm until Jan. 31, and from 8am to 8pm on Saturdays, Jan. 18 and 25. On Sundays, Jan. 19 and 26, it will be open from 8am to 5pm.

The Realty Tax Division will be open to accept payments on weekdays from 8am to 10pm until January 31, and on weekends from 8am to 5pm (Jan. 18, 19, 25 and 26).

During the same period, the Miscellaneous Tax Division will also be open to accept payments for miscellaneous fees and taxes, including professional tax payments, on weekdays from 8am to 10pm, and on weekends from 8am to 5pm. (PIA NCR)

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