MEMBER UPDATE: April 6, 2020

Province Offers One-time Financial Assistance During School and Child Care Closures

Throughout the COVID-19 outbreak, the Ontario government will now defer $15 million in property taxes for people and businesses in parts of Northern Ontario located outside of municipal boundaries. This tax deferral builds on the $10 billion in cash flow supports made available to people and businesses as part of Ontario's Action Plan: Responding to COVID-19

Through these measures, Ontario will give taxpayers in unincorporated areas more time to pay each of the four 2020 Provincial Land Tax installments. Taxpayers will have 90 extra days to pay without incurring interest or penalties.

For example, taxpayers who would be required to pay the April 7 property tax installment will have until July 6 to pay without interest or penalties.

If you need additional supports on how to make the most out of your income, contact today.