Articles worth reading

House studies bigger wage hike 

account_balanceMetro Manila access_time5 days ago

The House of Representatives is eyeing a higher increase in the daily minimum wage for private sector workers from the eyeP100 proposed by the Senate while balancing the interests of workers and small businesses, according to a report by Philippine N...

DA asks 1 million rice farmers to use water-saving tech 

account_balanceMetro Manila access_time5 days ago

The Department of Agriculture (DA) said Friday it has tapped more than one million farmers to utilize water-saving technology amid the El Niño phenomenon, according to a report by Philippine News Agency. In a news release, DA Assistant S...

Daniel Padilla, Maris Racal spotted at Rivermaya reunion concert

account_balanceMetro Manila access_time5 days ago

The attendance of celebrities including Daniel Padilla and Maris Racal added more sparkle to the reunion concert of the popular '90s band, Rivermaya, on Saturday night. Composed of Bamboo Mañalac, Mark Escueta, Nathan Azarcon, and Rico Bl...

Makati News

Makati collects over P9 billion in business tax 

account_balanceMakati chat_bubble_outline0 Comments

The Makati City government attributed the 6-percent increase in its revenue collection target last year to business taxes, according to a report by Philippine News Agency.

Of the total P20.9 billion collection in 2022, business taxes reached P9.1 billion or 10 percent bigger than the 2021 amount, according to a report released by Makati City Treasurer Jesusa Cuneta on Monday.

The report cited Real Property Tax as the second highest revenue collected at PHP8.1 billion, or 7 percent up from 2021.

Advertisement

Mayor Abby Binay said the increased collections proved residents and the business community trust the city government.

She commended the Office of the City Treasurer for its collection efforts and intensive information drive to remind taxpayers of their obligations.

"Dahil sa kooperasyon at pakikipagtulungan ng barangay (village) leaders, maayos na na-iparating sa kinauukulan ang notices. Kaya naman naging mabilis at maaga rin ang pagbabayad at koleksyon ng mga dues (Because of the cooperation of barangay leaders, notices were properly sent to the concerned. That is why payments and collection of dues were swift and early)," Binay said in her newspaper column on Monday.

As of Dec. 31, 2022, Makati's Business Permit and Licensing Office recorded 4,439 new business registrants and 34,590 business permit renewals.

Advertisement

The city's capital investments from new businesses reached PHP29.2 billion while registered businesses reported a total sales of PHP1.42 trillion in 2022.

"Ang patuloy na financial stability ng lungsod ay nagbibigay ng katiyakang maipagpapatuloy natin ang paghahatid ng dekalidad na serbisyo (The continued financial stability of the city will give the assurance that we can continue bringing quality service)," Binay said.

date_rangeDate Published
1 year ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Ayala starts renovation of Glorietta, Greenbelt 2, Trinoma 

account_balanceMakati chrome_reader_mode4 days ago

Mall goers may want to visit their favorite shops in flagship Ayala Malls before the shopping centers start partially closing in the first quarter of the year which will run for the next 12 to 24 months to undergo redevelopment projects, accordi...

Orientation of Seniors and PWD on Burger King (National Road, Tunasan Branch)

JFC hires Muntinlupa seniors, PWDs

account_balanceMuntinlupa chrome_reader_mode1 week ago

Up to four Muntinlupa senior citizens and 15 persons with disabilities (PWDs) were among those hired-on-the-spot from a total of 167 applicants at the recently concluded Mega Jobs Fair at the SM Center Muntinlupa. The batch is the latest in the city...

Makati Explores Cutting-Edge Emergency Tech with Israel's Embassy

account_balanceMakati chrome_reader_mode1 day ago

Makati City Mayor Abby Binay expressed gratitude to Ambassador Ilan Fluss and the Embassy of Israel for their collaborative effort in showcasing Emergency Response Technology and Innovation at Makati City Hall. The event served as a platform to high...

×
Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature