With new system, Taguig's business tax collection up by P1.17 billion | Inquirer News

With new system, Taguig’s business tax collection up by P1.17 billion

/ 02:12 PM February 22, 2023

The City of Taguig recorded an incremental increase in collected business taxes from last year’s P3.61 billion to this year’s P4.38 billion following a system overhaul for permit and tax payment processing.

Photo from Taguig PIO

MANILA Philippines —The City of Taguig recorded an incremental increase in collected business taxes from last year’s P3.61 billion to this year’s P4.38 billion following a system overhaul for permit and tax payment processing.

In a statement on Wednesday, the Taguig City government said it rolled out a new system for its Business One Stop Shop (BOSS) this year, allowing business owners to apply for permits and pay taxes quickly and hassle-free.

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Photo from Taguig PIO

Under the new system, the Business Permits and Licensing Office and Treasurer’s Office integrated the payment of barangay fees to minimize redundancy, as business owners no longer need to secure barangay clearances separately.

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New protocols for handling applications of taxpayers were also implemented, resulting in fewer requirements and faster and more convenient processing of permits, the city government said.

Renewals are now also held at two convenient locations–SM Aura Satellite Office and the Convention Center at the New City Hall Building.

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Once their applications are approved, business owners can send their permits via courier or print them themselves.

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The new system also allows applicants to view their billing statements online, the Taguig government said.

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City Treasurer Atty. Voltaire Enriquez noted the overall improvement of operations under the new system.

“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,” he said.--Vance Chan, Inquirer.net, trainee

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Hybrid work, better internet, easier taxes among biz groups’ wish list

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TAGS: boss, Business, new system, Taguig, Tax

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