Brampton City Council recently approved to suspend all interest and penalties for overdue property tax payments until December 31.
The City initially suspended penalties and interest charges until August 19 to provide financial relief to those in the community who were impacted most by the COVID-19 pandemic.
The suspension of interest and penalties for overdue tax payments from August 20 through December 31 will provide additional financial relief for residents and businesses.
Overdue tax notices will be mailed in October to inform property owners of any amounts owing.
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Residents are reminded that this announcement does not mean the cancellation of overdue taxes.
Taxpayers are still required to pay all tax amounts indicated on their final tax bill, which was issued in June.
Only the interest and penalties on overdue amounts from August to December are suspended.
All amounts must be received prior to December 31 by the City to avoid further penalties and interest from increasing on any overdue balance at that time.
Taxpayers who are not experiencing financial hardship due to the COVID-19 pandemic are encouraged to continue to make their property tax payments by the due dates.
Final regular instalment due dates are September 23, October 21, November 18, 2020.
Details of payment options are available on the City website.
Monthly pre-authorized payments (PTP), final tax payment withdrawals will occur in September, October, November and December.
For the latest updates on the City of Brampton’s response to COVID-19, visit www.brampton.ca/covid19.