Big relief for Quezon City taxpayers
"People are struggling to make ends meet."Quezon City residents can heave a sigh of relief in terms of real property tax payment if the proposal by a city councilor is approved. District 2 Councilor Winnie Castelo asked the City Council to permanently scrap a 2016 ordinance that dramatically increases the fair market values of real properties in the city. This has the effect of imposing excessive real estate taxes on residents. Castelo said that under the proposed Ordinance No. 468, tax payment relief is necessary to help Quezon City residents amid the COVID-19 pandemic that has caused untold suffering and misery on health and personal finances. This is indeed a timely relief for the people who are already struggling to make ends meet. Individuals and families are affected by the health crisis, while businesses are struggling to survive day-to-day operations and keep their workers on the payroll. The permanent scrapping of the revised valuations of real property taxes would help tens of thousands of small property owners in Quezon City as they tide over the health crisis. Two councilors co-authored the proposed ordinance—Karl Edgar Castelo of District 5 and Melencio Castelo Jr. of District 6. The proposed ordinance aims to revoke Ordinance No. SP-2556, series of 2016, and the subsequent ordinances and resolutions related thereto, including the implementing rules and regulations adopted for those measures. The 2016 ordinance sought to increase taxes on lands, buildings, constructions and other improvements based on new valuations. City residents found the adjustments too steep, which ranged from more than 500 percent to 1,000 percent.
Dindo Danao is a public relations strategist.