Property Taxes
How much does it cost for a tax certificate?
The cost for a tax certificate is $25
I just purchased a property in Hanover, when will I receive my tax bill and can I apply for the Resident Tax Credit?
When you purchase a property part way through a calendar year, you or your lawyer will make arrangements of who is responsible for what portions of the taxes charged. The $700.00 Tax Credit available from the Province can be applied for if you are the owner and resident of a property as of January 1 of the given year. Otherwise, you must apply for this tax credit when you complete your income tax form.
When are taxes due?
Taxes are due on the last business day in October of each year.
Is there a discount for paying taxes early?
No. There is no discount period.
What if I want to make an early payment for taxes?
Any tax payments that are paid prior to receipt of the tax bill will be credited towards the tax account.
Do you send out monthly tax statements?
No, the tax bills are printed by Intergovernmental Affairs and will be mailed out once during the middle of the year.
When are the tax bills sent out?
Tax bills are usually mailed out in June of each year.
I mailed in my tax payment in the middle of November. I just received my paid receipt and it shows that there is a balance owing. Why?
Payment was likely received after October 31st. Payment MUST be received by October 31st to prevent late payment charges.
I sent in a payment for the amount that was stated on my tax bill but yet I received a receipt showing there are still taxes owing? Why?
If there were arrears owing on the tax statement, then the tax amount due would change each month because of the monthly penalty charge.
What is the penalty/interest rate charged?
1.25% interest rate charged per month.