Quezon City Holds Real Property Tax Penalties Until March 31

Quezon City Mayor Joy Belmonte approves the ordinance of lifting the real property tax penalty until March 31, 2021. 

Quezon City residents with unpaid real property taxes no longer have to pay for interest or penalties as long as they settle their payments on or before March 31. 

The temporary penalty lift grants residents relief from the payment of interests on real property tax liabilities and delinquencies on land, building, improvements, and machinery. 

According to Belmonte, taxpayers are required to accomplish the amnesty application form and pay the delinquent real property taxes either in full or by installments before the set deadline. 

Belmonte states that the ordinance aims to support the financial situation of Quezon City residents and businesses who are greatly affected by the COVID-19 pandemic. 

Belmonte expressed, “We will continue to provide compassionate support for all our residents and businesses who are still feeling the effects of COVID-19 on our economy.”

She also noted that real property owners who will pay their taxes on or before March 31 could avail of the 20% discount provided by the Quezon City government. 

On another note, Quezon City recently implemented several relief ordinances supporting the fight against COVID-19. 

Such ordinances include the extension of business tax payment from January 20 to April 20, the waiver of the surcharge and interest for delayed payment of the last three-quarters of business tax last year, and the suspension of the new schedule of fair market values as a basis for the computation of real property tax on land until December 2022.

As of January 15, there are 29,185 confirmed COVID-19 cases in Quezon City. Moreover, 27,356 of the confirmed cases have recovered from the virus, with a death toll of 752.