3/20/2020
| SHARE
Posted in GTA News by Vanguard Realty | Back to Main Blog Page
At the March 19 Special Emergency Council meeting, Mississauga City Council made decisions in response to COVID-19 to help mitigate impacts on residents and businesses.
“We have heard from residents and businesses that they are worried and need relief. That’s why we took action yesterday to help them during this unprecedented and difficult time by deferring property tax due dates by 90 days, offering free transit and suspending some parking offences,” said Mayor Bonnie Crombie. “These steps will provide relief and assistance to our community. We will continue to assess the situation in the coming days and weeks to ensure we are doing what we can to help.”
Mississauga Council Defers Property Tax Due Dates by 90 Days
City of Mississauga Council decided to defer the April, May and June interim property tax due dates by 90 days to help ease the economic impact of COVID-19. This deferral until later in the year is to help provide relief over the next few months.
All property taxes need to be paid before the end of the year.
The April payment will not be due until July; the May payment will be due in August; the June payment will be due in September. The deferral applies to residential and commercial properties. The city’s positive liquidity position allows it to manage this 90 day deferral. There will be no impact on city services from this deferral.
For anyone who has provided post-dated cheques for April, May and June – they will not be cashed in April, May and June. Each payment will be deferred for 90 days and will be cashed instead in July, August and September.
Preauthorized tax payment due dates have also been deferred by 90 days. There will be no payments withdrawn from taxpayers’ bank accounts in April, May and June. Payment withdrawals will resume from July to September.
FAQs are being developed and will be communicated to taxpayers. For more information: COVID-19 Pandemic – Property Tax Assistance
Source: City of Mississauga
Mississauga, Property Taxes
