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Tax deadlines pending for local property owners

Kelowna is reminding its property owners that 2011 property taxes are due Monday.

To avoid an immediate five per cent penalty on all money owning, this year’s property taxes must be paid by midnight, Monday, July 4. And that means delivered to City Hall, not in the mail. Postmarks are not accepted as proof of payment.

The city says while Canada Post has resumed operations after its two week labour dispute, residents are cautioned that property tax payments received in the mail after July 4 will be subject to the late payment penalty.

And it says as the payment deadline approaches, the lineup at City Hall is expected to get longer. Residents can avoid the lineup by making arrangements with their financial institutions for online or pay in-person.

“Taxes can be paid in person at City Hall or at banking institutions,” said George King, revenue manager for the city.

“City Hall closes at 4 p.m., however, we have deposit boxes available at our front entrance, as well as the Doyle Avenue parking lot exit and at the Parkinson Recreation Centre.” The deposit boxes will be emptied at midnight on July 4.

Property taxes can be paid by cash, cheque, money order or debit card.

And don’t forget to claim the home owner grant if it is applicable to you. If you do not, the amount of the grant will be included in the total and  the penalty will be applicable to the total.

The immediate penalty is not the only one to worry about if you do not pay on time.

A further five per cent penalty will be added if property taxes are not paid by Aug. 3. The penalties are legislated under the Community Charter and therefore are not discretionary.

For more information, call the city’s revenue branch at 250-469-8757 or visit the Kelowna website at kelowna.ca/propertytax.

Property owners in West Kelowna will get a little more time to pay their taxes this year.

There, taxes must me paid by end of business July 7. Like Kelowna, in West Kelowna, taxes and homeowner grant applications must be received at the municipal office by the deadline to avoid an immediate 10 per cent penalty on the total outstanding amount.

In Lake Country property taxes are due by 6 p.m. on July 4 and in Peachland and on Westbank First Nation land the deadline is 4 p.m. on July 4.

Property owners in the two rural electoral areas of the Central Okanagan Regional District, Okanagan East and West, pay their property taxes directly to the province.

Their deadline is also July 4 and taxes can be paid at most financial institutions, through their mortgage agreement, by Internet or telephone banking or by mail to the Surveyor of Taxes, P.O. Box 9446, Stn Prov Govt, Victoria, B.C., V8W 9V6.

 

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