Sunday, March 24, 2013

Tips: Real Property Tax

It's the start of the new year again and one of the obligations we have to pay to the government is the real property tax. This tax is more commonly called real estate tax or amilyar. If this is not paid regularly there will be penalties. There are cases where this tax was not paid in years, the tax penalty can accumulate to millions.

There are payment options. You can pay in cash or check. You can pay one-year in full or in quarters.If you pay in full between January and March, you will get 10% discount. If you pay quarterly  during January and March you will get 5%. With that I paid our amilyar in full to get the 10% discount. Likewise, note that in Pasig they require community tax certificate as requirement for paying real property tax.











2 comments:

  1. We should enhance our skills and try to be more of a potential leader for other real estate agents. Be informative and try to learn new things regarding your business. It is important that you will assure to do everything to add success in your business.

    Real Estate Investment Australia

    ReplyDelete
  2. Thank you for sharing! This article is informative and very helpful. Good job!


    Tax Services

    ReplyDelete