You and "YOUR" Property Tax Bill - 2012 Interim Tax payments Are Due

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Services for Real Estate Pros with My Time Is My Own

You and "YOUR" Property Tax Bill - 2012 Interim Tax payments Are Due

April is not my favourite month of the year as I am reminded that three levels of government are constantly dipping deeper into our wallets. Their demands on our resources are increasing constantly despite all they say they are doing to hold the line or reduce our taxes. With interest rates at the low levels they are today the exorbitant rates charged on overdue property taxes is almost usury.


You May Not Get A Personal Reminder From The Tax Office That Your 2012 Property Taxes Are Due

But Failure to pay them on time will result in an immediate penalty of 1.25%.

The second installment of your Interim Uxbridge Property Taxes are due by Friday April 30th, 2012.

Don't forget to save your receipted tax bill for income tax purposes
it will cost you $10.00 to get a reprinted one.

Modern Day Taxation

Taxes in one form or another have been with us throughout recorded history from the taxes collected by the Scribes of the Egyptian Pharaohs to the war time tax of the Athenians to the taxes imposed by the Roman Empire to today's multi level taxation by three levels of government.

On the surface taxes today are collected in a manner deemed to be fair and equitable, unfortunately if one looks at the various means that some are able to employ to avoid taxes you begin to realize that the average person is likely paying more than his or her fair share.

There are few taxes that we can avoid but we can ensure we pay only our fair share by understanding how your property is assessed and what tax avoidance incentives there are for you to employ.

Some of my earlier posts may be of help to those wishing to ensure they pay only their fair share.

You and "YOUR" Property Tax Bill - How Much Reserves/Surplus Is Enough

You And Your Property Tax Bill - The Illusion and The Reality

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Posts on Property Assessment and Taxation are for informational purposes only please read the  CAVEAT

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Show All Comments
Rainmaker
449,984
Sarah Oswald
Eastvale Team Realty & Property Mgmt - Corona, CA
Broker, Realtor, CDPE, CIAS, SFR , Investor

Two things one can't escape from...taxes and death.

April 14, 2012 10:01 AM #1
Rainmaker
117,206
Barrie Clulow
My Time Is My Own - Uxbridge, ON

Sarah - but we can certainly ensure we only pay our fair share

April 14, 2012 10:04 AM #2
Rainmaker
824,584
Marc Swartz
Toronto, ON
CPA, CA - Toronto, Durham & York Regions, Ontario

Hi Barrie - In Markham, the third installment of the interim property tax bill was due on April 5, 2012, for those who pay six installments per year.

April 14, 2012 07:07 PM #3
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Rainmaker
117,206

Barrie Clulow

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