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HomeMy WebLinkAboutLow-Income Tax Exemption Policy - Amended 2022Cape Breton Regional Municipality " POLICY " Low -Income Tax Exemption Policy STATEMENT: The purpose of this policy is to provide a tax exemption for low-income property taxpayers. This policy is adopted under Section 69 of the Municipal Government Act, which permits council to grant a tax exemption for a person whose income is below the amount established in policy. DEFINITIONS: 1.0 "Family" includes persons related by blood or marriage, common law spouses, registered domestic partners and persons related through adoption. 1.1 "Family Income" means total income from all sources for the calendar year preceding the fiscal year of the Municipality excluding any allowances paid pursuant to the War Veterans Allowance Act (Canada) or military pension paid pursuant to the Pension Act (Canada) and includes the income of all members of the same family residing in the same household. 1.2 "Owner" means: i. The person assessed for the property; ii. A person who holds title, including a part owner, joint owner, tenant in common, or joint tenant of the property; 1.3 "Taxes" means residential property taxes, inclusive of area rates applicable to the assessed property. CRITERIA: The low- income exemption must be applied for in each taxation year, and is only available to persons who meet the following criteria: 1 2.1 The applicant must be a permanent resident of the Cape Breton Regional Municipality, 2.2 The applicant must have legal title to the property; 2.3 The property is the applicant(s) primary residence and is assessed in his/her name. Seasonal residences, vacant property, and income properties are not eligible for the low-income exemption. 2.4 The applicant's family income is less than $35,000. APPLICATION: 3.1 An application form duly completed and sworn or affirmed to, must be submitted on or before December 31 for processing in the then current taxation year. Satisfactory proof of income must be submitted with the application. Failure to supply satisfactory proof of income shall render the application ineligible. 3.2 Property owners meeting eligibility criteria above and demonstrating satisfactory proof of income shall be granted a maximum tax exemption of $300.00 for the taxation year applied. 3.3 At no time shall the exemption amount approved exceed the annual taxes levied on the subject property. 3.4 Notwithstanding any other provision of this policy, no exemption is conferred from obligations to remedy unsightly or dangerous premises or any other infractions against a statute, regulation or by-law, whether Municipal, Provincial, or Federal and any charges imposed upon a property arising from the enforcement of such provisions shall not be subject to a tax exemption pursuant to this Policy. Approved by Council June 26, 2018 Amended: April 19, 2022 Pa