Versuchen GOLD - Frei
Cebu City RPT to increase after amnesty ends in 2026
The Freeman
|April 14, 2025
Real Property Tax (RPT) rates of Cebu City remain the same as in 2003, as taxpayers still enjoy the two-year amnesty before the implementation of updated tax rates in 2026 due to the Real Property Valuation and Assessment Reform Act (RPVARA).
In an interview with The Freeman yesterday, April 13, 2025, Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance of the City Council, discussed the proposed ordinance to revise the current RPT rates of Cebu City.
According to Wenceslao, the tax year amnesty is still in effect in Cebu City following the Executive Order (EO) issued by Mayor Raymond Alvin Garcia last year, in line with the implementation of provisions cited in RPVARA.
Under that EO, the Cebu City Government waived the payment of penalties for delinquent RPT payers, aiming to encourage constituents to pay their principal taxes.
The two-year grace period began on July 5, 2024, and will last until July 4, 2026.
Despite this, Wenceslao said this does not mean Cebu City will no longer be updating the RPT, which could lead to an increase in overall tax rates.
"After the two-year period, that's the time nga magsugod nata og upgrade sa atong mga kanang Fair Market Value," said Wenceslao.
Diese Geschichte stammt aus der April 14, 2025-Ausgabe von The Freeman.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Freeman
The Freeman
TravelCare and Skate the World: United by Wheels and the Will to Make a Difference
Leading the highlights of the gala were TravelCare Agency Corporation's Charles and Sunshine Lim. It was an elegant evening devoted to fostering stronger tourism partnerships and promoting sustainable tourism initiatives.
3 mins
November 18, 2025
The Freeman
QMB, JDL come on board Gilas
Two new faces are set to join the Gilas Pilipinas training camp as it prepares for the opening window of the FIBA World Cup Asian qualifiers.
1 min
November 18, 2025
The Freeman
NLEX downs Titan to earn share of PBA lead
For the second straight game, Robert Bolick outdid himself and powered NLEX to a hard-earned 92-83 win over Titan Ultra last Sunday, November 16, in the PBA Philippine Cup at the UST Quadricentennial Pavilion.
1 min
November 18, 2025
The Freeman
Bersamin, Pangandaman quit Pres. Marcos Cabinet
President Bongbong Marcos accepted the resignations of Executive Secretary Lucas Bersamin and Budget Secretary Amenah Pangandaman, Palace press officer Claire Castro said Monday, November 17.
1 mins
November 18, 2025
The Freeman
SEC pushes program for whistleblowers
The Securities and Exchange Commission (SEC) is coming out with a whistleblower protection program in an effort to strengthen its enforcement against investment scams, predatory lending practices, money laundering, terrorist financing, market abuse, disclosure violations and other illegal acts.
2 mins
November 18, 2025
The Freeman
DPWH-7 to launch Oplan Kontra Baha
As part of the administration's whole-of-government and whole-of-nation approach to disaster mitigation and resilient urban management, the Department of Public Works and Highways Central Visayas (DPWH-7) will launch on Friday Oplan Kontra Baha in Cebu.
2 mins
November 18, 2025
The Freeman
Temporary waste transfer eyed
AMID BINALIW ACCESS PROBLEM
1 min
November 18, 2025
The Freeman
Poll ratings stay high for Japan PM Takaichi
Japanese Prime Minister Sanae Takaichi continues to bask in high popularity, surveys showed Monday, even as ties with China worsen and the economy stutters.
1 min
November 18, 2025
The Freeman
IN REVERSAL, Trump backs House vote to release Epstein files
US President Donald Trump said Sunday he backed lawmakers' efforts to release more files related to sex offender Jeffrey Epstein, despite previous opposition to the measure.
1 mins
November 18, 2025
The Freeman
Fuel prices rise by P1.20 as supply woes, sanctions tighten global trade
Gasoline and diesel prices have climbed steadily over the past two months, with another increase of more than P1 per liter scheduled for Tuesday, November 18.
1 mins
November 18, 2025
Listen
Translate
Change font size
