Bizmen urged to pay dues before January 31

Bizmen urged to pay dues before January 31

Bizmen urged to pay dues before January 31

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TACLOBAN CITY (CIO 1/29/2020) — With less than a week until the deadline of business tax payments, the local government of Tacloban under Mayor Alfred S. Romualdez through the City Treasurer’s Office encouraged local business owners to have their permit applications assessed and complete the payment of their business tax dues.

Initially, the payment of taxes, fees and charges for business permits and licenses was originally to end last January 20, but through the amendatory ordinance no. 2020-14-01 it was extended up to January 31, Friday.

As the business registration and renewal period continous, City Treasurer Zosima Cordaño reported that more than Php 142 million was collected, as of last Friday, January 24.

The City Treasurer also disclosed that the said collection for this year is slightly lower compared to 2019.

” Sad to say naghamubo an aton collection yana. Nag decrease hin 11 million an aton collection kasi last year we reached over Php 154 million (during the period) “said Cordaño.

She added that most probably it happened because some business owners have not yet processed and renewed their permits.

Meanwhile, the official also urged business taxpayers to beat the January 31 deadline in order to avoid the penalties on late payments, and avail the 20 percent discount on Real Property Taxes.

However, despite the said turn-out of the collection, Cordaño expressed optimism that this 2020, the city’s tax collection will increase.

The City Treasurer’s Office targets to collect Php 1.5 billion in taxes this year; a Php113 million higher compared to 2019, it said.

Meantime, as of January 27, the Business Permits and Licenses Division (BPLD) have released a total of 2,738 business permits at the Business One-Stop Shop (BOSS). – C. Merin/CIO


Photo: D. Abarquez/CIO

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