PROPERTY TAXES – City of Calgary

2014 Important Dates

January 1 to December 31 – Property tax bills cover the calendar year.

May 23 – Property tax bill mailing.

June 30 – Property tax payment deadline.

July 1 and October 1 – 7% penalty added to any unpaid tax bill balance.

Calgary city budget debate: Council votes for slightly reduced tax hike
Property tax increase now proposed at 4.5%


Payment Options

Property taxes are levied for the calendar year. If you pay your taxes in one lump annually, the bill is sent at the end of May, and must be paid before July 1 to avoid penalties. This is typically paid by the property owner directly to the City. In other cases, the annual tax is paid by the mortgage lender, where the property owner pays a property tax component to the lender with each payment on principal and interest.

Most people tend to pay the taxes through the monthly TIPP program, where the City withdraws a payment from your account on the first of every month.

Tax Instalment Payment Plan

When you buy or sell a property in Calgary, your lawyers will prepare a Statement of Adjustments, to apportion the fair share of taxes for the year to each party.

Please contact us if you have any questions about Property Taxes.

Peter Robinson (51 Posts)

Peter G. Robinson is an accomplished and skilled general practice lawyer in Calgary, Alberta. Over his 20 year career, Peter has carved out his niche in Residential Real Estate, Wills & Estate Planning, and Probate Applications. Uniquely available to his clients, Peter is a calm and patient communicator who easily puts his clients at ease with straight-forward explanations of legal concepts. Blogging is his latest venture to cultivate awareness of NW Calgary Law, a law firm where he is the hands-on leader of an enthusiastic team dedicated to prompt and efficient service. Follow Peter on Twitter, connect with him on LinkedIn or visit www.nwcalgarylaw.com The content contained in these blogs is intended to provide information about the subject matter and is not intended as legal advice. If you would like further information or advice on any of the subjects discussed in this blog post, please contact the author at NW Calgary Law at 403.288.0009 or probinson@nwcalgarylaw.com.


Comments are closed.