Property Taxes Archives - Canadian Tax Resource Group

City of Toronto – 2019 Appeals

Property Assessment & Appeals

Municipal Property Assessment Corporation (MPAC) is responsible for assessing and classifying all properties in Ontario. MPAC every four years conducts a province-wide Assessment Update.

2016 was an Assessment Update year. The Property Assessment Notices issued identify a Current Value Assessment (CVA) as determined by MPAC. This was based on a January 1, 2016.

How to Appeal Your Assessment

If you disagree with the information on your Property Assessment Notice from Municipal Property Assessment Corporation (MPAC). You may file a Request for Reconsideration (RfR) with MPAC or appeal to the Assessment Review Board (ARB). The process you must follow depends on the type of property you own.

For properties classified as residential, farm, managed forest or conservation land

File a RfR with MPAC by April 2, 2018 deadline date
MPAC will review your request and come to a determination. If you agree with the review, sign the Minutes of Settlement.
If you disagree with the RfR recommendation. You may file an appeal with the ARB before the deadline. This is 90 days from the mailing date on your RfR recommendation.

For all other property types

You may choose to either file a RfR with MPAC or file an appeal directly to the ARB.
If you do not file a RfR, your deadline to file directly with the ARBis March 31. This for annual assessment appeals or 120 days from the notice date for other types of assessments.

Use of Canadian Tax Resource Group

Call 1-877-542-2130

If you have any questions and/or don’t think your assessed value is an accurate . This could be reflection of what your property or premises would have sold for on July 1 of the previous year. Contact us if you would like CTRG to help only until March 31, 2019.

City of Calgary – 2019 Appeals

The 2019 Customer Review Period runs from the date you receive your assessment notice in early January 2019 until March 12, 2019.

Each year following the assessment notice mailing, there is a Customer Review Period for the City of Calgary.

During this review period you are encouraged to review your assessment for accuracy. If you believe that the assessment is inaccurate contact CTRG if you would like to appeal the assessment.

Current property tax rates

2018 Property tax rates

2018 property tax rates are set by Property Tax Bylaw 17M2018. For information on how the tax rate is determined or how your tax bill is calculated, visit Tax bill and tax rate calculation.

Assessment class	Municipal tax rate	Provincial tax rate	Total tax rate
Residential	0.0039014	0.0024559	0.0063573
Non-residential	0.0153234	0.0041030	0.0194264
Farm land	0.0177552	0.0024559	0.0202111

The Customer Review Period is your opportunity to review and ensure the accuracy of your Property Assessment.

Check the factual information that the City of Calgary has on record for your property.

Review your property assessment by comparing sales of similar properties (Sales Search).

Compare your assessment with similar properties in your neighbourhood to evaluate equity.

If you have any questions and/or don’t think your assessed value is an accurate reflection of what your property or premises would have sold for on July 1 of the previous year, contact us if you would like CTRG to help only until March 12, 2019.

The 2019 Customer Review Period runs from the date you receive your assessment notice in early January 2019 until March 12, 2019.

Changes to your assessment will only be considered if an inquiry is received during the Customer Review Period.

Ontario – Vacant Rebate and Reduction Programs

Call 1-877-542-2130
Save your Property Taxes

You may be able to save your property taxes with Ontario Vacant Rebate and Reduction Programs. Ontario is now moving forward with providing municipalities broad flexibility for 2017 and future years to tailor the vacant rebate and reduction programs to reflect community needs and circumstances. Consistent with the plan to ensure that municipalities considering changes to the vacancy programs take into account the interests of local businesses, the Ministry has provided municipalities with the attached bulletin and checklist, which focuses largely on municipal engagement with the business community.

Since 1998, the Vacant Unit Rebate and Vacant/Excess Land Subclasses have provided tax rebates and reductions to property owners who have vacancies in commercial and industrial buildings or land.

Vacant Unit Rebates: The Vacant Unit Rebate provides a tax rebate to property owners who have vacancies in commercial and industrial buildings. This application-based program is administered by municipalities. The current rebate is 30% of the property tax for vacant commercial space and 35% for vacant industrial space.
Vacant and Excess Land Property Tax Subclass: Commercial and industrial properties or portions of these properties in the Vacant and Excess Land Property Tax Subclasses are taxed at a fixed percentage rate below the tax rate of the broad class. These properties are discounted at 30% to 35% of the full Commercial and/or Industrial rate.

Currently, upper- and single-tier municipalities may choose to apply the same percentage of relief (between 30% – 35%) to both the commercial and industrial property classes.

For more information 2017 Ontario Vacant Rebate and Reduction Programs Bulletin

Low Risk Solutions

Low Risk Solutions… In many cases, we can provide our property tax recovery solutions so that you only pay us a percentage of what you save. Our fees structure is flexible depending on your specific needs. It is our intent to earn your future business through results that have an identifiable net benefit. We are prepared to provide review and appeal services for your property on a flat fee or contingency fee basis.

We believe that property taxes are a significant expense of real estate and that deserves the attention that it needs to make sure that it minimizes it’s effective on your bottom line. It doesn’t matter if you owner occupied or a lessee a reduction of property taxes will effective your bottom line or your tenants. Either way everyone benefits…

Fore more information on our services click here

Property Tax Diligence

Save your property tax Call us (514) 954-8772 — Save your property tax
Call us (514) 954-8772

Real estate transactions can significantly increase the tax burden of property. Do you have changes in use, a local sale price, demolition, or construction? All which detrimentally impact your assessment values, classification, exemptions and, ultimately the amount of property taxes that you pay.

We recommend that every property should review their property tax assessments as regular process of Property Tax Diligence. This process includes a review of the current property tax obligations, examination of financial records including rent rolls, an evaluation of any outstanding appeals before the relevant assessment tribunals, as well as an estimate of the tax liability for the property owner and the tenants.

We are here to help you to mitigate your risks, by reducing the costs associated with your property tax diligence by mitigating the costs of the review process by being paid only if a successful property tax recovery can be achieved.