Business and InvestmentAlfonso, Cavite to Cut Business Tax for Small Stores...

Alfonso, Cavite to Cut Business Tax for Small Stores by Half Starting 2027

-

- Public Service Reminder -spot_img

ALFONSO, Cavite — The local government of Alfonso, Cavite, will reduce business taxes for small neighborhood stores, or sari-sari stores, by 50% starting in 2027, Mayor Randy Salamat announced this week.

Salamat said the tax cut aims to ease the financial burden on small business owners and encourage local entrepreneurship as the town continues to post steady economic growth.

“This is our way of thanking our hardworking micro, small and medium entrepreneurs for their contribution to our community’s development,” Salamat said in a Facebook post. “Beginning 2027, sari-sari store owners will pay only half of the current business tax.”

The mayor said the measure was discussed with Municipal Treasurer Ma. Teresa Cruz and forms part of Alfonso’s broader efforts to make the municipality more “business-friendly.”

Local governments in the Philippines have been implementing various incentives to boost recovery among small businesses still affected by inflation and post-pandemic economic challenges as of 2025.

The Department of Trade and Industry recently noted that microenterprises make up more than 80% of all registered businesses nationwide.


Discover more from Cavite News

Subscribe to get the latest posts sent to your email.

cavite.news
cavite.newshttps://cavite.news
We, the people of Cavite, recognize that in order to achieve our goals and aspirations, we need to be empowered and well-informed of the news and events that affect us and our cities and towns. We need to have access to accurate, relevant, and timely information that will enable us to make informed decisions and take appropriate actions.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Central Bank Hosts IFTAR to Boost Islamic Finance Goals

BSP HOSTS IFTAR TO BOOST ISLAMIC FINANCE PUSH The Bangko Sentral ng Pilipinas hosted its second annual Iftar gathering at...

OFW Cash Remittances Rise 3.5% to $3.02B in January 2026

MANILA — Cash remittances from overseas Filipinos workers climbed 3.5 percent to $3.02 billion in January 2026, up from...

Central Bank Eyes Middle East Impact on Inflation

BSP EYES MIDDLE EAST IMPACT ON INFLATION, PESO AHEAD OF APRIL RATE MEETING MANILA — The Bangko Sentral ng...

Manila’s NAIA Ranks 7th Globally for Airport Dining, UK Study Finds

MANILA — Ninoy Aquino International Airport has been ranked the seventh best airport in the world for layover dining,...
- Advertisement -spot_imgspot_img

Van Gutted by Fire in GMA, Cavite; No Injuries Reported

GENERAL MARIANO ALVAREZ, Cavite — A van was destroyed by fire in Barangay Memije on Saturday afternoon, March 15,...

Noveleta Mayor Bikes to Work to Set Example Amid Rising Fuel Prices

NOVELETA, Cavite — The mayor of this Cavite town has traded his vehicle for a bicycle, pedaling to and...

Must read

- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you