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Budget 2010 – Property Taxes
For a list of all the tax changes, please see the Budget 2010 Tax Change Summary.
For a summary explanation of the tax changes, please see the Budget and Fiscal Plan
For more information on each change, please see the documents and web pages linked below.
Tax Change |
Sources |
- Northern and Rural Area Homeowner Benefit introduced for 2011 and subsequent tax years
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Tax Change |
Sources |
- Property Tax Deferment Program for Families with Children introduced
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Tax Change |
Sources |
- Exemption for transfers that amend a strata plan
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If you are filing a transfer amending a strata plan, please contact us for more information on qualifying for this exemption. |
- Administrator’s certificate no longer required to claim the exemption for transfers correcting conveyancing errors
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Tax Change |
Sources |
- Provincial residential rural area property tax rates set
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Under the longstanding rate setting policy, average residential rural property taxes increase by the previous year’s provincial inflation rate. For the 2010 taxation year, average residential rural property taxes will be the same as in 2009 because the 2009 provincial inflation rate is zero percent. |
- Provincial non-residential rural area property tax rates set
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Non-residential rural area tax rates will be set so that total non-residential rural area tax revenue will increase by inflation plus new construction. |
Tax Change |
Sources |
- Provincial residential school property tax rates set
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- Provincial non-residential school property tax rates set
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- Provincial Industrial Property Tax Credit rates increased for 2011 and subsequent tax years
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- Provincial Farm Land Tax Credit introduced for 2011 and subsequent tax years
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Historical Budget Bulletins |
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