HomeNewsBiz tax revenue up for mid-year 2017

Biz tax revenue up for mid-year 2017

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Revenue generated from business tax and fees has increased this year, the City’s Business Permits and Licensing Office (BPLO) reported.

Total revenue from business taxes and other business fees for the first half of 2017 reached Php 242 million, Php 32 million higher than the Php 210 million collection for the same time period in 2016 . Business taxes drew in Php 209 million, while revenues for all other business-related fees reached Php 33 M.

Figures from the mid-year report of the BPLO also showed an increase in business registration and renewal numbers from local establishments in the City. As of June 30 this year, there are 1,354 new registrants and 10,554 renewals.

This tops the figures for the previous year’s mid-year record, which had 1,175 new registrations and 9,756 renewals.

Meanwhile, the BPLO released its priority levels for closure of erring local establishments based on criteria of compliance to business registration laws and policies in the City.

A red flag indicates that an establishment has no business permit, application, payment, or compliance, and will be recommended for closure.

An orange flag will be given to establishments with no business permit but with payment and partial compliance to business requirements and standards.

A green flag will be given to establishments that have completed its business permit and payment, but have noted deficiencies or partial compliance. It may also be given to establishments that have business permits but are “out of line”.

“Out of line [means] you are not in accordance to what is stipulated in your business permit,” BPLO head Benjie Barredo clarified on Monday, July 17.

Some 102 notices of violations have been served in areas of Tolosa, Sta. Maria – LB Supermarket, and in Canelar for violations in business requirements. One closure order was served and enforced for an auto-repair shop in Guiwan.

City Administrator Apple Go said that compliance to business policies goes hand-in-hand with encouraging investments in Zamboanga City.

“We definitely encourage investments in Zamboanga City, however there are policies to be complied with. When you do business, debe we do business legitimately. That is the procedure for licensing, all permits are complied with, fees are paid, then that is the investment we most welcome and value, para long-term kita,” Go said.