IMPORTANT TAX INFORMATION

 

IMPORTANT TAX INFORMATION

Please note that due to the economic impact of COVID-19 there are some changes to 2020 taxes. Council recognizes that this is an unprecedented year so they are reducing the penalties for late tax payments for this year only.

Any taxes paid after July 31, 2020 will be subject to a 4% interest fee, where in past years it was 8%. Also any taxes paid after October 1, 2020 will have an additional 5% interest fee charged rather than the previous 10%. In the event the taxes have not been paid by December 31, 2020 an additional 18% penalty will be applied to the outstanding balance.

We do offer a payment plan for property tax.

Property taxes are calculated on a calendar year bases i.e. January 1- December 31 of each year. When setting up a payment plan you have two options:

  1. You can pay the calculated amount from January 1 to the current month up front and the rest of the year monthly.
  2. Have the total levy divided by the remaining months. If you choose this option the payments will be adjusted for the 2021 tax year, as of January 1, 2021.

Any payment plans must be set up by July 15th to avoid penalties.

Payments will be withdrawn from the specified bank account on the 1st of each month automatically; therefore a void cheque is required when setting up the payment plan.

Feel free to call or stop by the office if you have any questions or to set up a payment plan.