WebClick Tracer

LGUs to receive P1.03 trillion in tax shares for 2025

The national tax allotment (NTA) shares of local government units (LGUs) will increase by 18.7 percent next year, according to the Department of Budget and Management (DBM).

In its latest local budget memorandum, the DBM said the total NTA shares of LGUs will reach P1.03 trillion in 2025.

The LGUs’ NTA shares for 2025 are based on the certifications issued by the Bureaus of Internal Revenue, Customs, and Treasury on the share of LGUs from the actual collections of national taxes in 2022.

A total of 43,622 LGUs, consisting of provinces, cities, municipalities, and barangays, will receive the said NTA shares next year.

Milyonaryo | Latest News