Markham provides tax, fees relief

At a special council meeting held remotely March 27, the City of Markham approved property tax and fee relief measures to help residents and businesses experiencing financial hardship due to the COVID-19 pandemic.

Benefits for residents

• Elimination of the 2020 Stormwater Fee of $50
• Deferral of the April 1, 2020 water rate increase of 7.8%
• No late payment (penalty and interest) charges for residential property taxpayers from April 1, 2020 to December 31, 2020:
**Property owners enroled in the Pre-authorized Payment Program (PTP) who are not able to fulfill the April 1, 2020 tax payment, should contact their bank to stop payment of the April 1, 2020 instalment
**For PTP payments beyond April 1, 2020 there is an option to opt out of the program at least two weeks in advance of the instalment date by completing the cancellation form online.

Benefits for Businesses

• No late payment (penalty and interest) charges for non-residential property taxpayers from October 1, 2020 to December 31, 2020.
• Deferral of the 2020 Stormwater Fee, a savings of $560 for a property valued at $2 million.
• Elimination of the April 1, 2020 water rate increase of 7.8%.
• Suspension of the Municipal Accommodation Tax from April 1, 2020 to December 31, 2020, to provide relief to hoteliers.

“We are the first municipality in the GTA to offer this type of extended financial relief,” Markham Mayor Frank Scarpitti said. “We heard loud and clear that some people cannot afford to pay their property taxes in a timely manner. I am calling on everyone who is able to pay property taxes to continue to do so. However, by offering this relief until the end of the year, we are giving people experiencing financial hardship additional time to recover.”

Residents and businesses are encouraged to sign up and use ePropertyTax online services to monitor their tax accounts and complete transactions.

COVID-19 will continue to impact Markham and the world throughout the coming months. The city will continue to work with all levels of government, our community and local businesses to help break the chain of transmission of COVID-19 and flatten the curve. We are all in this together.

For more information and updates about COVID-19 and affected City services, visit markham.ca/covid19.

Photo: Markham Mayor Scarpitti and council announced tax and fee relief measures to help residents struggling financially.

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