Property tax is the amount paid by a property owner to the local or municipal government each year. The amount is usually based on the total value of the property. If you own a Northwest Calgary real estate property or any property within Calgary, here are some of the things you should be aware of:
Taxes are due every 30th of June
You will be penalized if you have an unpaid balance by July 1st. In fact, 7% of your outstanding taxes will be added to your total property tax.
Payment process options
- Financial institutions
These institutions usually deal with loans, investments and deposits. They could be insurance companies, mortgage companies, brokerages or any types of bank. You can also pay through ATM, but make sure to keep the receipt for the confirmation of the date and time of payment.
- Telepayment/Internet – Although this is an easy process, make sure that you are aware of the policies of the bank regarding the effective date of payment. Take note that the roll number on the payment menu of your bill should be the same roll number that will appear on your tax bill.
- Mail – You can send a cheque or money order through mail, but do not send cash. Go to Canada Post so that your envelope will have a postmark on or before the due date. The postmark must be done by Canada Post. You should also be aware that the City is not responsible for lost payments or late payments.
- Courier – You can send payments via couriers during weekdays between 8:00 a.m. and 4:30 p.m. at the third floor of Calgary Municipal Building, at the Tax Advisory Services Counter.
- In Person – You can pay your property taxes at the cashiers on the third floor of the Calgary Municipal Building located at 800 Macleod Trail, S.E. They accept walk-in payments during weekdays, from 8:00 a.m. to 4:30 p.m. You can use a debit card, as long as the amount is still covered in your daily withdrawal limit.
- Deposit box – You can also pay after hours through a 24-hour deposit box at the east side of Calgary Municipal Building. If you will pay post-dated checks, make sure they are dated on or before the due.
- Tax Instalment Payment Plan (TIPP) – This is a program that allows Calgary residents to pay their property taxes in monthly instalments.