Heritage property in Toronto? You may be eligible for a tax rebate. Heritage Property Tax Rebate Program January 7, 2015 -- The City of Toronto offers a Heritage Property Tax Rebate Program to assist owners of heritage properties with the cost of maintenance and conservation. The program is currently in transition due to staff recommendations that were adopted by Council on July 8, 2014. Only properties that received a Heritage Property Tax Rebate for any of the 2010, 2011, 2012 or 2013 tax years may apply for the 2014 tax year. Their applications will be processed under the program as previously administered. These applications must be completed, submitted with all required information, and received by 4:30 P.M. EST, Friday, February 27, 2015 to be considered. New for 2015, eligible properties must be classified commercial and industrial, where a minimum of 50% of the current value assessment (CVA) is attributable to commercial or industrial taxes. Other conditions and requirements apply. Properties that are not eligible for the tax rebate program may be eligible to apply to the Toronto Heritage Grant Program. Should you have questions about the Toronto Heritage Property Tax Rebate Program, you can contact Gary Miedema from Toronto’s Heritage Preservation Services directly at [email protected] or (416) 338-3278. For more information on the Heritage Property Tax Rebate Program, click here. Or for more information on the Toronto Heritage Grant Program. www1.toronto.ca/wps/portal/contentonly?vgnextoid=70c752cc66061410VgnVCM10000071d60f89RCRD
Posted on: Fri, 09 Jan 2015 16:18:11 +0000