297 Iloilo City Goverment

   NEWS UPDATES

 Cost of Doing Business
2014-09-12 16:27:47
 

BUSINESS TAXES AND LICENSES

A. Manufacturer, repackers, processor, brewers, distillers, rectifiers, and compounders of liquors, distilled spirits and wines or manufacturers of any article of commerce of whatever kind or nature

Gross Sales/ Receipts for the preceding Calendar Year

Amount of Tax Per Annum

Less than P10,000.00

Php 272.25

P10,000.00 or more but less than 15,000.00

Php 363.00

20,000.00 or more but less than 30,000.00

Php 726.00

30,000.00 or more but less than 40,000.00

Php 1,089.00

40,000.00 or more but less than 50,000.00

Php 1,361.25

50,000.00 or more but less than 75,000.00

Php 2,178.00

75,000.00 or more but less than 100,000.00

Php 2,722.50

100,000.00 or more but less than 150,000.00

Php 3,630.00

150,000.00 or more but less than 200,000.00

Php 4,537.50

500,000.00 or more but less than 750,000.00

Php 13,200.00

750,000.00 or more but less than 1,000,000.00

Php 16,500.00

1,000,000.00 or more but less than 2,000,000.00

Php 22,687.50

2,000,000.00 or more but less than 3,000,000.00

Php 27,227.00

3,000,000.00 or more but less than 4,000,000.00

Php 32,670.00

4,000,000.00 or more but less than 5,000,000.00

Php 32,115.00

5,000,000.00 or more but less than 6,500,000.00

Php 40,218.75

In excess of 6,500,000.00 but less than 100,000,000.00

41.25% of 1%

In excess of 100,000,000.00

22% of 1%

B. Wholesalers, distributors, or dealers in any article of commerce of whatever kind or nature including liquor, cigar, cigarettes, tobacco, leaf tobacco.

Gross Sales/ Receipts for the preceding Calendar Year

Amount of Tax Per Annum

Less than Php 1,000.00

Php 29.70

Php 1,000.00 or more but less than 2,000.00

Php 54.40

Php 2,000.00 or more but less than Php 3,000.00

Php 82.50

Php 3,000.00 or more but less than Php 4,000.00

Php 118.80

Php 4,000.00 or more but less than Php 5,000.00

Php 165.00

Php 5,000.00 or more but less than Php 6,000.00

Php 199.65

Php 6,000.00 or more but less than Php 7,000.00

Php 235.95

Php 8,000.00 or more but less than Php 10,000.00

Php 308.55

Php 10,000.00 or more but less than Php 15,000.00

Php 363.00

Php 15,000.00 or more but less than Php 20,000.00

Php 453.75

Php 20,000.00 or more but less than Php 30,000.00

Php 544.50

Php 30,000.00 or more but less than Php 40,000.00

Php 726.00

Php 40,000.00 or more but less than Php 50,000.00

Php 1,089.00

Php 50,000.00 or more but less than Php 75,000.00

Php 1,633.50

Php 75,000.00 or more but less than Php 100,000.00

Php 2,178.00

Php 100,000.00 or more but less than Php 150,000.00

Php 3,085.00

Php 150,000.00 or more but less than Php 200,000.00

Php 3,993.00

Php 200,000.00 or more but less than Php 300,000.00

Php 5,445.00

Php 300,000.00 or more but less than Php 500,000.00

Php 7,260.00

Php 500,000.00 or more but less than Php 750,000.00

Php 10,890.00

Php 750,000.00 or more but less than Php 1,000,000.00

Php 14,520.00

Php 1,000,000.00 or more but less than Php 2,000,000.00

Php 16,500.00

In excess of Php 2,000,000.00

44% of 1%

C. Retailers

Gross Sales/ Receipts for the preceding Calendar Year

Amount of Tax Per Annum

Php 400,000.00 or less

2%

In excess of P 400,000 but not over P1,000,000.00

1%


Provided, however, that barangays shall have the exclusive power to levy taxes on retailers with gross sales or receipts for the preceding calendar year of P 50,000.00 or less.

D. Exporters, manufacturers, millers, producers, wholesalers, distributors and dealers or retailers of essential commodities are charge one-half of the rates as prescribed above.

E. Contractors and other independent contractors and services

Gross Sales/ Receipts for the preceding Calendar Year

Amount of Tax Per Annum

Less than P 5,000.00

Php 45.38

P 5,000.00 or more but less than P10,000.00

101.64

Php 10,000.00 or more but less than Php 15,000.00

Php 172.43

Php 15,000.00 or more but less than Php 20,000.00

Php 274.45

Php 20,000.00 or more but less than Php 30,000.00

Php 453.75

Php 30,000.00 or more but less than 40,000.00

Php 635.25

Php 40,000.00 or more but less than Php 50,000.00

Php 907.50

Php 50,000.00 or more but less than Php 75,000.00

Php 1,452.00

Php 75,000.00 or more but less than Php 100,000.00

Php 2,178.00

Php 100,000.00 or more but less than Php 150,000.00

Php 3,267.00

Php 150,000.00 or more but less than Php 200,000.00

Php 4,356.00

Php 200,000.00 or more but less than Php 250,000.00

Php 5,989.50

Php 250,000.00 or more but less than Php 300,000.00

Php 7,623.00

Php 300,000.00 or more but less than 400,000.00

Php 11,858.00

Php 400,000.00 or more but less than Php 500,000.00

Php 13,612.50

Php 500,000.00 or more but less than Php 750,000.00

Php 15,262.50

Php 750,000.00 or more but less than Php 1,000,000.00

Php 6,912.50

Php 1,000,000.00 or more but less than Php 2,000,000.00

Php 18,975.00

In excess of Php 2,000,000.00

82% of 1%

In the case of Private Hospital in excess of Php 2,000,000.00 at the rate of 11% of 1%. In the case of Hotels, Motels, Lodging, Boarding and Pension Houses in excess of Php 2,000,000.00 at the rate of 16.50% of 1%. In the case of Private Detective and Watchman in excess of P 2,000,000.00 at the rate of 55% of 1%

F. Cafés, cafeterias, ice cream and other refreshment parlors, restaurants, soda fountains, carenderias or food caterers, snack bars, including the sales of liquor and cigarettes

Gross Sales/ Receipts for the preceding Calendar Year

Amount of Tax Per Annum

Less than P 2,000.00

Php 66.00

Php 2,000.00 or more but less than Php 3,000.00

Php 99.00

Php 3,000.00 or more but less than Php 4,000.00

Php 132.00

Php 4,000.00 or more but less than Php 5,000.00

Php 165.00

Php 5,000.00 or more but less than Php 7,500.00

Php 247.50

Php 7,500.00 or more but less than Php 10,000.00

Php 330.00

Php 10,000.00 or more but less than Php 15,000.00

Php 495.00

Php 15,000.00 or more but less than 20,000.00

Php 660.00

Php 20,000.00 or more but less than Php 30,000.00

Php 990.00

Php 30,000.00 or more but less than Php 40,000.00

Php 1,320.00

Php 40,000.00 or more but less than Php 50,000.00

Php 1,650.00

Php 50,000.00 or more but less than Php 75,000.00

Php 2,062.50

Php 75,000.00 or more but less than Php 100,000.00

Php 2,887.50

Php 100,000.00 or more but less than Php 200,000.00

Php 3,712.50

Php 200,000.00 or more but less than Php 300,000.00

Php 4,950.00

Php 400,000.00 or more but less than Php 500,000.00

Php 7,920.00

Php 500,000.00 or more but less than Php 750,000.00

Php 9,625.00

750,000.00 or more but less than 1,000,000.00

Php 12,447.50

In excess of Php 2,000,000.00

1.10%

F. Cafés, cafeterias, ice cream and other refreshment parlors, restaurants, soda fountains, carenderias or food caterers, snack bars, including the sales of liquor and cigarettes

Gross Sales/ Receipts for the preceding Calendar Year

Amount of Tax Per Annum

Less than P 2,000.00

Php 66.00

Php 2,000.00 or more but less than Php 3,000.00

Php 99.00

Php 3,000.00 or more but less than Php 4,000.00

Php 132.00

Php 4,000.00 or more but less than Php 5,000.00

Php 165.00

Php 5,000.00 or more but less than Php 7,500.00

Php 247.50

Php 7,500.00 or more but less than Php 10,000.00

Php 330.00

Php 10,000.00 or more but less than Php 15,000.00

Php 495.00

Php 15,000.00 or more but less than 20,000.00

Php 660.00

Php 20,000.00 or more but less than Php 30,000.00

Php 990.00

Php 30,000.00 or more but less than Php 40,000.00

Php 1,320.00

Php 40,000.00 or more but less than Php 50,000.00

Php 1,650.00

Php 50,000.00 or more but less than Php 75,000.00

Php 2,062.50

Php 75,000.00 or more but less than Php 100,000.00

Php 2,887.50

Php 100,000.00 or more but less than Php 200,000.00

Php 3,712.50

Php 200,000.00 or more but less than Php 300,000.00

Php 4,950.00

Php 400,000.00 or more but less than Php 500,000.00

Php 7,920.00

Php 500,000.00 or more but less than Php 750,000.00

Php 9,625.00

750,000.00 or more but less than 1,000,000.00

Php 12,447.50

In excess of Php 2,000,000.00

1.10%

G. Producers-Tax on agricultural and aquatic products when sold by farmers, fishermen, partnership or corporation on commercial scale..........................…2.20%

H. Banks, and other financial institutions………................75% of 1%

I. Peddlers ……………………………………...................Php82.50

J. Franchise Tax………………………………….............82.50% of 1%

K. Real Estate Lessors

Gross Sales/ Receipts for the preceding
Calendar Year

Amount of Tax Per Annum

Php 50,000.00 or less

Php 550.00

In excess of P50,000.00

0.28%

L. Amusement Tax on Equipment or Devices and other Amusement Places……….3%

Gross Sales/ Receipts for the preceding
Calendar Year

Amount of Tax Per Annum

L1. In the case of night clubs, day clubs, cocktail lounges or bars, cabarets or dance halls P 400,000.00 or less

3%

In excess of P400,000.00 but not over P1,000,000.00

2.20%

In excess of P1,000,000.00

1.10%

L2. In case of video computer machine and video tapes P 100,000.00 or less

3%

In excess of P100,000.00

2.20%

L3. On theaters and cinema houses
1. Orchestra with 500 or less seating capacity

Php 1,100.00

2. Orchestra with more than 500 but not to exceed 600 seating capacity

Php 1,650.00

3. With balcony and orchestra with seating capacity of less than 500

Php 1,980.00

4. With balcony and orchestra with seating capacity from 500 to 999

Php 2,200.00

5. With balcony and orchestra with seating capacity of 1,000 and above

Php 2,750.00

6. With lodge, balcony and orchestra

Php 3,300.00

M. Water Extraction Tax………………………………………..3.30%

N. Tax on Private Markets……………………………………..3.30%

O. Unspecified Tax……………………………………………...3.30%

Data Source: Iloilo City Treasurer’s Office minimum daily

WAGE RATES

I. Non-Agriculture/Industrial/Commercial

Sector/Industry

Peso(per day)

US $

A. Employing more than ten (10) workers.

Php 277.00

6.9

B. Employing not more than ten (10) workers.

Php 235.00

5.8

II. Agriculture

Sector/Industry

Peso(per day)

US $

A. Plantation

Php 245.00

6.1

B. Non-Plantation

Php 235.00

5.8

Sources: DOLE Region VI

REAL ESTATES

Highest Market Value of Land in Iloilo City

District

C1

C2

I1

I2

Iloilo City Proper

Php 22,000.00

Php 21,000.00

Php 12,000.00

Php 8,000.00

Lapaz

Php 11,000.00

Php 9,000.00

Php 3,000.00

 
Jaro

Php 10,000.00

Php 9,000.00

   
Molo

Php 9,000.00

Php 7,000.00

   
Mandurriao

Php 8,000.00

Php 7,000.00

   
Arevalo>

Php 3,000.00

Php 2,500.00

As per schedule of values under Tax Ordinance No. 2005-002 dated September 7, 2005 Source: City Assessor’s Office, Iloilo City

Minimum Cost Estimate Of Land In Iloilo City (PHP – Per Sq. Meter)

District

Commercial and Industrial
(Averaging)

City Proper

P12,200.00

Lapaz

7,600.00

Jaro

6,600.00

Molo

6,000.00

Mandurriao

6,000.00

Arevalo

4,800.00


UTILITIES

   ➤Electricity Rates

Panay Electric Company (PECO)

Type of Consumer

Average Rate

Residential

11.5902

Intermediate

10.9194

Commercial

11.0017

Power

11.1658

City Gov't

10.749

City Street Lights

10.8613

Other Gov't

10.7946

   ➤Water Rates

Classification

Effective

Commodity Charges

July 01, 2014

11 - 20

21 - 30

31 - 40

41-50

51-up

Residential

159.00

17.50

19.25

21.25

23.6

26.3

Government

254.40

17.50

19.25

21.25

23.6

26.3

508.80

17.50

19.25

21.25

23.6

26.3

1,272.00

17.50

19.25

21.25

23.6

26.3

3,180.00

17.50

19.25

21.25

23.6

26.3

5,724.00

17.50

19.25

21.25

23.6

26.3

11,448.00

17.50

19.25

21.25

23.6

26.3

19,080.00

17.50

19.25

21.25

23.6

26.3

30,528.00

17.50

19.25

21.25

23.6

26.3

43,884.00

17.50

19.25

21.25

23.6

26.3

Commercial

318.00

35.00

38.50

42.50

47.20

52.60

Industrial

508.80

35.00

38.50

42.50

47.20

52.60

1,017.60

35.00

38.50

42.50

47.20

52.60

2,544.00

35.00

38.50

42.50

47.20

52.60

6,360.00

35.00

38.50

42.50

47.20

52.60

11,448.00

35.00

38.50

42.50

47.20

52.60

22,896.00

35.00

38.50

42.50

47.20

52.60

38,160.00

35.00

38.50

42.50

47.20

52.60

61,056.00

35.00

38.50

42.50

47.20

52.60

87,768.00

35.00

38.50

42.50

47.20

52.60

Bulk/

477.00

52.50

57.75

63.75

70.80

78.90

Wholesale

736.20

52.50

57.75

63.75

70.80

78.90

1,526.40

52.50

57.75

63.75

70.80

78.90

3,816.00

52.50

57.75

63.75

70.80

78.90

9,540.00

52.50

57.75

63.75

70.80

78.90

17,172.00

52.50

57.75

63.75

70.80

78.90

34,344.00

52.50

57.75

63.75

70.80

78.90

57,240.00

52.50

57.75

63.75

70.80

78.90

91,584.00

52.50

57.75

63.75

70.80

78.90

131,652.00

52.50

57.75

63.75

70.80

78.90

Public Faucet

159.00

17.50

17.50

17.50

17.50

17.50

254.40

17.50

17.50

17.50

17.50

17.50

508.80

17.50

17.50

17.50

17.50

17.50

1,272.00

17.50

17.50

17.50

17.50

17.50

3,180.00

17.50

17.50

17.50

17.50

17.50

5,724.00

17.50

17.50

17.50

17.50

17.50

11,448.00

17.50

17.50

17.50

17.50

17.50

19,080.00

17.50

17.50

17.50

17.50

17.50

30,528.00

17.50

17.50

17.50

17.50

17.50

43,884.00

17.50

17.50

17.50

17.50

17.50

   ➤Gas and Fuel Cost

PRODUCTS

PESO(P)

USD($)

Gasoline

58.27

1.36

Unleaded

56.65

1.32

Automatic Diesel Oil

46.14

1.07

Kerosene

51.25

1.19


HOTEL RATES

 

Peso

US$

Economy

800 - 1,500

18.60 - 34.88

Standard

1,800 - 2,500

41.86 - 58.14

Deluxe

2,500 - 4,000

58.14 - 93.02

Suites

4,500 - 5,000

104.65 - 116.28

Sources: City Tourism Office



Commercial Name/Address

Telephone No.

HOTELS

AMIGO TERRACE HOTEL
Iznart-Delgado St., Iloilo City
Website: http://amigoterracehotel.com/

335-09-08

CENTURY 21 HOTEL
Quezon St., Iloilo City
Website: http://www.ann2.net/hotels/century21/

335-88-21

CIRCLE INN HOTEL & SUITES
Iznart St., Brgy. Ma. Clara Iloilo City Website: http://www.circleinn-iloilo.com/

508-00-00

DAYS HOTEL
The Atrium, Gen. Luna St., Brgy. Danao Iloilo City

337-32-97

EON CENTENNIAL PLAZA HOTEL
Jalandoni St., Brgy. Hipodromo, Iloilo City
Website:https://www.facebook.com/Eon-Centennial-Plaza-Hotel

337-22-77

PEOPLES HOTEL
Cor. Fuentes-Delgado St., Brgy. Hipodromo, Iloilo City
Website: http://peopleshotel.com.ph/

336-10-70

HARBOR TOWN HOTEL
J.M. Basa, Aldeguer St., Iloilo City

337-23-84

ILOILO BUSINESS HOTEL
Smallville Complex, G. Pison Ave., B. Aquino Ave.
5000, Iloilo City Philippines
Website: https://www.facebook.com/IloiloBusinessHotel

320 7972

HIGHWAY 21 HOTEL
General Luna Street, 5000 Iloilo City, Philippines
Website: http://highway21hoteliloilo.com

335 1220

ILOILO GRAND HOTEL
Iznart St. ,Iloilo City
Website: http://www.iloilograndhotelcorp.com/

335 1801/
0917 718 8843

ILOILO LA FIESTA HOTEL INC.
M.H. del Pilar St., Molo, Iloilo City
Website: https://www.facebook.com/La-Fiesta-Hotel

338-00-44

ILOILO MIDTOWN HOTEL
Yulo St. Iloilo CIty

336-68-88

MO2 WESTOWN HOTEL
Pison Ave., Aquino Drive, Diversion Rd., Mandurriao, Iloilo City
Website: http://www.mo2westownhotel.com

320-22-25

SARABIA MANOR HOTEL
101 Gen. Luna St., Brgy. Inday, Iloilo City
Website: http://www.sarabiamanorhotel.com

335-10-21

SMALLVILLE 21 HOTEL
Pison Ave. Brgy. San Rafael, Mandurriao, Iloilo City
Website: http://www.ann2.net/hotels/smallville21

333-3121

THE GRAND DAME HOTEL
Cor. Rizal-Huervana St., Brgy. Laguda, La Paz Iloilo City

320-52-52

THE GRAND TOWER SUITES
Iznart St., Iloilo City

335-18-01

THE GRAND TOWER SUITES
Iznart St., Iloilo City

335-18-01

ARTHUR SUITE BOUTIQUE HOTEL
General Luna St., Iloilo City
Website:http://www.facebook.com/Arthur-suites

338-4008

MORITZ HOTEL
  Lopez Jaena St., San Isidro, Jaro, Iloilo City

508-8759

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