A lawmaker is pushing for the passage of a measure that grants tax incentives to first-time home buyers in a bid to encourage more Filipinos to acquire their own home instead of renting.

Sen. Sonny Angara in his Senate Bill 2148 seeks to provide tax relief in the form of home mortgage interest incentives that allows homeowners to deduct from their taxes the interest they pay on a qualified mortgage loan used for the purchase or construction of their first family home.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details