Interim
Tax Bill Information - Residential
2011 Final Tax Bill Information - Residential
Interim Tax Bill Information - Commercial,
Industrial and Multi-Residential Properties
2011 Final Tax Bill Information - Commercial, Industrial and Multi-Residential Properties
Payment Options
Penalties and Interest
Returned Cheques
Assistance to Elderly Taxpayers
New Homeowner Alert!
Property
Assessment Information
INTERIM
TAX BILL INFORMATION - RESIDENTIAL
This interim tax bill is an estimate to raise approximately
50% of your property taxes. When the budget for the City of Vaughan
has been approved and the Region of York finalizes their budget
and the Province of Ontario provides us with an education tax rate,
the final tax bills will be issued. The amount of this interim bill
will be deducted from your final tax bill.
DUE DATES
This Interim Tax Bill is due in 3 relatively equal
installments on the dates shown on the tax bill. The Final Bill
will also have 3 installments. It is anticipated the final bill
will be issued in June and have due dates in July, August and
September.
FULL PAYMENT
Please note that this Interim Tax Bill, the Final
Tax Bill and any Supplementary Tax Bills issued must be paid to
constitute full payment for each year.
[top]
INTERIM TAX BILL INFORMATION
- COMMERCIAL, INDUSTRIAL AND MULTI-RESIDENTIAL PROPERTIES
This interim tax bill is an estimate to raise approximately
50% of your property taxes. Your interim taxes have been adjusted
by 50% of any capping adjustment shown on your final tax bill for
the previous year. Your final tax bill may also contain adjustments
as determined under the capping provisions of Bill 140 - The Continued
Protection for Property Taxpayers Act, 2000. When the budget for
the City of Vaughan has been approved and the Region of York finalizes
their budget and the Province of Ontario provides us with an education
tax rate, the final tax bills will be issued. The amount of this
interim bill will be deducted from your final tax bill.
Vacant Units – Bill 140 has also changed the
taxation policies for vacant space within commercial and industrial
properties. Commencing with 2001 all buildings are assessed and
taxed as fully occupied. Property owners must apply to the municipality
for vacant space rebates by February 28th of the year following
the vacancy. Application forms and program guidelines are available
at the City of Vaughan Civic Centre. All taxes billed must be paid
in full to avoid penalties.
[top]
PAYMENT OPTIONS
PRE-AUTHORIZED PAYMENT PLAN
In a continued effort to facilitate payment of your
taxes, the City offers a PRE-AUTHORIZED
PAYMENT PLAN. This plan allows property owners to pay their
taxes in eleven installments, from January 1st to November 1st.
Payments are withdrawn automatically from your bank account on
the first working day of each month. Please
click here for further details and to download an application
form.
POST-DATED CHEQUES
The City will accept post-dated cheques corresponding
with the amounts and due dates printed on the stubs. Please use
the return envelope provided and enclose your payment stubs. Once
submitted, post-dated cheques cannot be returned.
FINANCIAL INSTITUTIONS
Taxes may be paid at any branch or bank machine
of all major banks or any other financial institution that will
accept tax payments. Some financial institutions may charge a
fee for this service. Payments must be received by the City, from
your bank on or before the due date. Payments received after the
due date will incur penalty.
TELEPHONE OR COMPUTER BANKING
Payments may also be made by telephone or computer
banking through any of the major financial institutions.
AT THE CIVIC CENTRE
Taxes may also be paid in person at the Vaughan
Civic Centre, 2141 Major Mackenzie Drive, Monday through Thursday
from 8:00 am to 5:00 pm, Friday 8:00 am to 4:30 pm. The cashier
is located on the lower level.
BY MAIL
Please make your cheque or money order payable to
CITY OF VAUGHAN. A return envelope is enclosed for your convenience.
Please include the payment stub with your cheque.
Please mail early as payments delayed in the mail
and received after the due date will be subject to a penalty charge.
Do not send cash through the mail.
[top]
PENALTIES
AND INTEREST
All unpaid taxes will be charged penalty on the first
day of default at a rate of 1.25%. A further 1.25% will be added
on the first day of each calendar month in which the default continues.
City of Vaughan Council and City staff do not have the authority
to waive or alter a penalty and/or interest charge for any reason.
Failure to receive a tax bill does not excuse a taxpayer from responsibility
for payment of the taxes nor relieve the liability for penalty due
to late payment.
[top]
RETURNED CHEQUES
Cheques not honoured by your bank will result in a
charge being added to your tax account. Please ensure that your
cheques are properly completed and signed.
[top]
ASSISTANCE TO ELDERLY TAXPAYERS
The City of Vaughan provides an "Elderly Resident's
Assistance Grant" to all residents 65 years of age or older
who are in receipt of the Guaranteed Income Supplement
and have owned their home in Vaughan for over one year. Please contact
the Tax Department for further information and to receive an application
form. Please click below for further details and to download an
application form.
Elderly
Home Owners Tax Assistance Programme (PDF File)
[top]
NEW HOMEOWNER ALERT!
Have you recently purchased a newly built home? Here’s
what to expect in property tax billings in the first year…
INTERIM TAX BILL
Sent to you in February
Contains three installments:
These taxes may be based on land only, since your
house may not have been assessed in time to be included on the
assessment roll.
FINAL TAX BILL
Sent to you in May or June
Contains three installments:
July, August and September
Will still be based on a land only value and current
year’s tax rate.
SUPPLEMENTARY TAX BILL
Sent to you after July
Contains three installments:
Due in the months following the bill
Will be based on the final assessment of your house
portion only.
You would have received a Notice of Assessment from
the Municipal Property Assessment Corporation. The bill will be
retroactive to the date of your occupancy or purchase.
ESTIMATE YOUR TOTAL TAXES AND PREPARE
FOR THE BILLING
A full year of taxes for your land and house may
be estimated as follows:
Your Purchase Price x the Latest Residential Total
Tax Rate
Please note: This will be an estimate only. Your
assessed value may not necessarily be the price you paid.
If you have not lived in the house for the full
year the amount should be reduced accordingly. The City of Vaughan
tax staff are available to assist you with this estimate.
PAYMENT OPTIONS
In order to prepare for these supplementary tax
bills you may make advance payments on your tax account. This
can be done by enrolling in our pre-authorized payment plan. We
will make withdrawals directly from your bank account on the first
business day of each month for an amount you determine. You may
also make payments in person at the Civic Centre or by mail or
drop off box.
FUTURE YEARS BILLINGS
In future years your assessment will be land
and house combined.
Your interim tax bill will be approximately 50%
of the previous years total taxes.
Final billing will be based on the total assessment.
MORE INFORMATION
Contact us at….
City of Vaughan Tax Department
905-832-8502
[top]
back |
