January 18th 2020 - CFRC has learned from the City of Kingston Chamber of Commerce that coming up at the Kingston City Council meeting on January 19th 2021, council will vote on a measure designed to provide some temporary property tax relief for local small business owners.
City to Vote on Interim Small Business Property Tax Relief
If approved as recommended, the property tax pre-authorized payment program will be extended to allow for the deferral of up to two installments to November and December 2021.
Additionally, a by-law will be presented to Council to provide for the levying and collecting of 2021 interim property taxes, including the following provisions:
a. the 2021 interim tax bill be no greater than 50% of the 2020 taxes levied;
b. the rates be as specified in Schedule A to the by-law attached hereto; (see link)
c. the due date for interim taxes be March 31, 2021;
d. various payment options be provided;
e. late payment charges be added to taxes that are in default;
f. the property tax pre-authorized payment program be extended to allow for the deferral
of up to two installments; and
g. the implementation of an application based COVID-19 Hardship Deferral Program - 2021 Interim Property Tax Billing for small business property owners.
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