Makati extends deadline for tax payments

Published January 20, 2020, 12:00 AM

by manilabulletin_admin

By Jel Santos 

The January 20 deadline of the assessment and payment of business and realty taxes was extended by the local government unit (LGU) of Makati City, Mayor Abigail “Abby” Binay announced.

Makati City Mayor Abigail Binay (Twitter)
Makati City Mayor Abigail Binay (Twitter / MANILA BULLETIN FILE PHOTO)

This, after the City Council passed the  City Ordinance No. 2020-001 last week.

The mayor said the assessment of business permits with no penalty will be until January 25. Meantime, the city will accept payments for business and realty taxes with no penalty until 5 p.m. 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 in a statement.

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.

The LGU said 10-percent discount is given to non-delinquent taxpayers of real property tax who will pay for the full year on or before the January 31 deadline.

Frontline offices, Binay said, have been allowed to render overtime services to serve taxpayers until January 31.

The Business Permits and Licensing Office (BPLO) will serve taxpayers from 8 a.m. to 10 p.m. on Monday to Friday (January 20 to 24; January 27 to 31), and on Saturday and Sunday, January 25 to 26, from 8 a.m. to 5 p.m.

Meanwhile, the Business Tax Division will be open on weekdays from 8 a.m. to 10 p.m. until January 31, and from 8 a.m. to 8 p.m. on Saturdays, January 18 and 25. On Sundays—January 19 and 26—it will be open from 8 a.m. to 5 p.m.

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

The Miscellaneous Tax Division, in the same period, will also be available to accept payments for miscellaneous fees and taxes, including professional tax payments, on weekdays from 8 a.m. to 10 p.m., and on weekends from 8 a.m. to 5 p.m.