Financial Relief Program
In March 2020, the Newmarket Mayor and Members of Council introduced a Financial Relief Program that waived penalties and interest on property tax payments for those financially challenged as a result of the on-going pandemic. The 2020 program expired on January 31, 2021.
In 2021, a new Financial Relief Program was available for eligible residents and businesses. The 2021 Financial Relief Program, was approved by Mayor and Members of Council will provide a more target approach to help those financially impacted by the pandemic. The program would:
- Waive penalty and interest on unpaid property taxes for eligible residential property owners
- Increase the existing property tax assistance to elderly residents from $320 to $450
- increase the existing residential water and waste water rebate from $354 to $420
- Provide a water rebate of $1,000 for eligible small businesses through an application process
The 2020 and 2021 Financial Relief program has now ended and the Town is no longer accepting applications.
Property tax rebate for
eligible elderly residents
Low-income elderly residents who qualified for the Federal Guaranteed Income Supplement were eligible to apply for a property tax rebate of $320 in 2020. In the new Financial Relief Program, the Town will temporarily increase this rebate from $320 to $450 in 2021. This rebate will be applied on the property tax bill directly.
Low-income elderly residents can apply for this property tax rebate by completing this Application for Tax Assistance to the Elderly form and emailing it to email@example.com or mailing it to the Municipal Offices, 395 Mulock Drive, STN Main, PO Box 328, Newmarket, Ontario, L3Y 4X7.