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Real Property Tax Calculator Philippines 2019

Reviewed by Calculator Editorial Team

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:

  1. Enter the assessed value of your property in Philippine pesos (PHP)
  2. Select the appropriate tax rate based on your property type
  3. Click "Calculate" to see your estimated property tax
  4. 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:

  1. Bank Deposit - Deposit the tax amount at any authorized bank
  2. Online Payment - Use the BIR's online payment system
  3. Over-the-Counter - Pay at authorized payment centers
  4. Installment Plan - Some municipalities offer installment payment options

Payment deadlines vary by municipality, typically between January and March of each year.

Frequently Asked Questions

How often is property tax assessed in the Philippines?
Property tax is typically assessed annually, with payments due between January and March of each year.
Can I appeal my property tax assessment?
Yes, you can appeal your property assessment if you believe the value is incorrect. Submit your appeal to your local government within the specified timeframe.
Are there penalties for late property tax payments?
Yes, late payments may incur penalties and interest charges. Check with your local government for specific penalty rates.
How is the assessed value of my property determined?
The assessed value is typically determined by your local government based on factors such as property size, location, and market value.