BY: CHARLES NIKKO LIMON
With the high cost of living, Jennifer must find ways to manage her finances.
She has six children in school and works tirelessly to support them.
Jennifer Ofeiana, a taxpayer, mentioned, “By God’s grace, we get some help, and even though I earn just a little from my job, it’s enough to get by.”
The 20% discount on taxes at the Business One-Stop Shop of the City Treasury Office before the end of 2024 is a big help for her.
“That’s why it’s important to pay early because the amount due will grow,” she added.
Jennifer is just one of the many who have started paying their taxes.
Although there are large crowds, the lines are moving quickly.
“In the past years, it was inside, but maybe it just so happened that there are more people now,” said Ofelia De Guzman, also a taxpayer.
Joseph also seized the opportunity to save money.
One of his fears is incurring penalties.
“Yes, the interest grows, so it’s better to pay early for properties. With the discount, I can buy what I need,” said Joseph Bacgalang, also a taxpayer.
The City Treasury Office faces a significant challenge in collecting delinquent real property taxes.
In fact, the city government has already seized properties worth 70 to 80 million pesos due to unpaid taxes over several years.
But this year, delinquent payers will be granted tax amnesty.
This is in accordance with Section 30 of Republic Act 12001 or the Real Property Valuation and Assessment Reform Act passed in June 2024, which was later adopted by the City Council.
The amnesty covers penalties imposed from 2023 and earlier, making this a good opportunity for delinquent payers to settle their taxes.
“So that will be until July 4, 2026. Don’t wait too long, the law might change,” Alex Cabarubias, City Treasurer, reminded.
The City Treasury Office ensures that their operations will continue through Christmas and New Year for those who want to catch up on their tax payments.