metromanila.politics.com.ph

May oras pa! Abby Binay extends deadline for local tax payments

0 374

Makati Mayor Abby Binay has extended the January 20 deadline for the assessment and payment of business and realty taxes following the passage of City Ordinance No. 2020-001.

The ordinance allows the assessment of business permits without penalty until January 2, while the payment of business and realty taxes will be extended until 5 p.m. of January 31.

“We are giving our taxpayers more time to comply with the 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.

Personnel of Makati City Hall’s frontline offices have been authorized to work overtime until January 31 to serve taxpayers. The Business Permits and Licensing Office (BPLO) will be open from 8 a.m. to 10 p.m. from January 20 to 24, and January 27 to 31, and from 8 a.m. to 5 p.m. on Saturday and Sunday, January 25 to 26.

Delinquent taxpayers who miss the deadline will be slapped with a 25-percent surcharge and two-percent interest per month of the delay until the full payment of business taxes have been settled.

Meanwhile, non-delinquent taxpayers for real property dues will be given a 10-percent discount if they pay in full for the entire year on or before the January 31 deadline.