Tax tips: Learn more about Calgary’s property taxes

Calgarians should be opening their mailboxes to their 2014 property tax bills this week, here’s a few facts and tips on what’s occurring.

  • The City mailed bills for approximately 460,000 residential and non-residential properties.
  • For property owners who have not received their bill by the first week of June, they should contact 311 to obtain a copy.
  • Property taxes are due Friday, June 30
  • A seven per cent penalty will be applied to any unpaid portion of property taxes on July 1 and Oct. 1. Further penalties of one per cent will be added to any portion remaining unpaid after Dec. 31.
  • The deadline does not apply to property owners who pay monthly through the City’s Tax Installment Payment Plan (TIPP).
  • More than 242,000 property owners pay their taxes monthly through TIPP.
  • For low eligible low income homeowners, the 2014 Property Tax Assistance program will accept applications to the program starting June 1.
  • Property taxes help fund local services such as police and emergency services, bylaw enforcement, garbage collection and contributions to operating costs of cultural and recreational facilities such as the Calgary Zoo and Heritage Park.

 

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