Taguig collects P4.38-B business taxes

Taguig collects P4.38-B business taxes

Feb 22, 2023, 8:53 AM
Benjamin Lim

Benjamin Lim


Taguig City business tax collection has improved following its implementation of a new system that is convenient and hassle free for business owners.

Taguig City on Wednesday announced it collected P4.38 billion business taxes, a P1.17 billion increase compared to ast year's collection.

The improved revenue collection was attributed to the city's new system of collecting taxes - the Business One Stop Shop (BOSS) - which enable business owners to apply conveniently for permits and pay taxes quickly, accurately, and hassle-free.

The Business Permits and Licensing Office and the City Treasurer's Office integrated the payment of Barangay fees where business owners no longer needed to secure clearances from the barangays separately.

Business Permits and Licensing Office head lawyer Tes Veloso said that new protocols for handling applications of taxpayers were implemented resulting in fewer requirements and faster and more convenient processing of permits.

City Mayor Lani Cayetano thanked the business owners for doing business in Taguig and paying their taxes, emphasizing that these taxes come back in the form of services and benefits for Taguigeños.

"Under BOSS 2023, business owners could process business permits at two convenient venues - SM Aura Satellite Office and the newly opened Convention Center at the New City Hall Building," the local government said.

Once applications are approved, business owners can have their permit sent via courier or print it themselves. The new system also allows applicants to view their billing statements online.

City Treasurer Voltaire Enriquez noted the marked improvement not just in collection of taxes, but in the overall operation of BOSS and customer satisfaction.

"Payment and releasing were fast, taxpayers did not line up until midnight to settle their taxes or wait for their business permits; there was no rush to beat the deadline; and there were no irate customers protesting," Enriquez said.

Tags: #taguigrevenuecollection, #convenientnewsystem, #newprotocols, #norushtobeatthedeadline

We take a stand
OpinYon News logo

Designed and developed by Simmer Studios.

© 2024 OpinYon News. All rights reserved.