By Chito Chavez
The Quezon City government urged the city’s taxpayers to settle their business taxes on or before January 20 to avoid penalties and interest charges for delayed payments.
Garry Domingo chief of the city’s Business Permit and Licensing Office (BPLO) noted that paying “their obligations on time will also allow them to avoid the long queues during tax payments’’.
To avoid unnecessary inconveniences, Domingo told the taxpayers to bring the required documents to facilitate their business tax payments.
The requirements in the business tax payment include properly filled-up Sales Declaration and Evaluation Sheet (download from www.quezoncity.gov.ph), 2019 Community Tax certificate (If your business’s main office is NOT in Quezon City), 2018 Quezon City Mayor’s/Business Permit, 2018 Tax Bill and Official Receipt from Quezon City Treasurer’s Office and the 2018 certified breakdown of sales (if your business is engaged in two or more lines of business or has two or more branches).
Business taxpayers are also required to present their 2018 Tax Bill and Official Receipt for payments made in other local governments (if applicable), 2018 Value-added Tax Returns/ Percentage Tax Returns (whichever is applicable),
2018 Quarterly Income Tax Return, with proof of payment and the 2017 Annual Income Tax Returns, with complete set of Audited Financial Statements filed in 2018, with proof of payment of the BIR Certificate of Registration.
Incentive for business taxpayers
Julius Avenido Domingo’s right-hand man said the BPLO may not inspect the books of accounts for 2017-2018 of business firms provided they voluntarily pay “30 percent more from the previous year’s business tax’’ as provided in ordinance SP- 2780, s.2018 authored by Councilor Victor Ferrer Jr.
However, Avenido clarified the incentive applies to businesses that have been registered in Quezon City in 2016 or prior years and are up for renewal this year.
He explained this covers all types of registered businesses, whether single proprietorships, partnerships, corporations or cooperatives.
Avenido said the incentive also applies to “businesses that have no pending case in courts law or administrative office/agency in relation to their business records, books of accounts, audited financial statements and other pertinent documents. Businesses that will pay in 2019, their annual business tax due that is at least 30 percent or more than the annual business tax they paid in 2018’’.
He added if your business meets all of the above criteria, “your business is entitled to the exemption from the submission/presentation of business records, books of accounts, audited financial statements and other pertinent documents, to the City Treasurer and exemption from the inspection and examination of your business records for the years 2018, 2017 and 2016, by the Office of the City Treasurer’’.
“Business firms willing to pay at least 30 percent more than the business taxes they paid in 2018, will enjoy the ‘special express lane’’ in business tax payments. Go straight to the 2nd floor of the City Treasury, Quezon City Hall Main Building, with your 2018 Official Receipt for business taxes paid and your 2018 Business Permit. Qualified businesses will be given the Certificate of Amnesty Availment upon payment,’’ he added.
Avenido noted the taxpayers may settle their business tax obligations over-the-counter at the treasurer’s cashiers or make electronic payment (available for business taxpayers one day after the Tax Bill is issued).
Reacting to complaints of increased business taxes in the city, Domingo denied such claims saying the Ferrer authored ordinance “does not automatically increase business tax by 30 percent’’.
He reiterated the city government has not increased any taxes asserting that amnesties for real property tax delinquencies were given; the real property tax hike had been suspended and was also given the choice for audit exemption making Quezon City is a progressive but tax-payer-friendly city.
The ordinance is also seen to cover the revenue loss because of the suspension of the real property tax hike.