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Friday, April 19, 2024

Taguig extends deadline for business tax payments

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The Taguig City government on Thursday said it is extending its Business One-Stop Shop (BOSS) 2023 operations until Jan. 31, 2023 to allow business owners to pay their business taxes without penalty.

The city council ratified an ordinance extending the deadline for payment of local business taxes and fees to the local government.

The move came after the city government noticed an increase in the volume of businesses renewing their permits this year.

Business owners, however, must have filed their papers for evaluation and assessment of business tax and regulatory fees by Jan. 20 in one of the two convenient locations: the newly opened Convention Center in the New City Hall Building or the SM Aura Satellite Office at the Bonifacio Global City.

Mayor Laarni Cayetano said all submissions for evaluation and tenders of payment made between Jan. 20 to 31 shall not incur penalties or interest. She added all billing statements issued from the beginning of the year will remain valid until Jan. 31. Joel Zurbano

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“But all billing statements not paid within the extended deadline of payment will automatically be cancelled, and will have to be rebilled to reflect statutory penalties and interests,” the city chief executive said.

Mayor Cayetano advises business owners to take advantage of this extension.

Taguig had been awarded a Blue Certification Award by the Office of the Ombudsman for its streamlined frontline services and was recognized by the Civil Service Commission (CSC) for having the highest rating in the Anti-Red Tape Act compliance measures among 46 first-class cities.

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