Real Property Tax Calculator Philippines 2019
Calculate your real property tax in the Philippines for 2019 using this official calculator. The tool includes current tax rates, exemptions, and guidance on how to pay your property tax.
How to Use This Calculator
To calculate your real property tax for 2019:
- Enter the assessed value of your property in Philippine pesos (PHP)
- Select the appropriate tax rate based on your property type
- Click "Calculate" to see your estimated property tax
- Review the result and compare it with your previous year's tax
The calculator uses the official 2019 tax rates and formulas provided by the Bureau of Internal Revenue (BIR) of the Philippines.
Formula Used
The real property tax is calculated using the following formula:
Property Tax = Assessed Value × Tax Rate
Where:
- Assessed Value - The official value of your property as determined by the local government
- Tax Rate - The applicable tax rate based on your property type and location
The result is your estimated annual property tax liability for 2019.
Worked Example
Let's calculate the property tax for a residential property with an assessed value of PHP 5,000,000 using the standard residential tax rate of 0.5%.
Property Tax = 5,000,000 × 0.005 = PHP 25,000
Your estimated annual property tax would be PHP 25,000.
Tax Rates in the Philippines
The property tax rates in the Philippines vary by property type and location. The standard rates for 2019 are:
| Property Type | Tax Rate |
|---|---|
| Residential | 0.5% - 1.0% |
| Commercial | 1.0% - 2.0% |
| Industrial | 1.5% - 2.5% |
| Agricultural | 0.2% - 0.5% |
These rates are subject to change and may vary by municipality.
Exemptions and Deductions
Several exemptions and deductions may apply to your property tax:
- Homestead Exemption - Residential properties may qualify for a homestead exemption
- Senior Citizen Exemption - Senior citizens may receive reduced property tax rates
- Disability Exemption - Persons with disabilities may qualify for tax reductions
- Low-Income Exemption - Low-income property owners may receive tax relief
Check with your local government for specific exemption requirements.
How to Pay Property Tax
Property tax payments can be made through several channels:
- Bank Deposit - Deposit the tax amount at any authorized bank
- Online Payment - Use the BIR's online payment system
- Over-the-Counter - Pay at authorized payment centers
- Installment Plan - Some municipalities offer installment payment options
Payment deadlines vary by municipality, typically between January and March of each year.