Taxes

THE TOWN OF STEPHENVILLE

2013 TAXES AND RATES

In accordance with Section 109 (1) of the Municipalities Act, Chapter M-24, taxes and rates for the year 2013, with effect January 1, 2013, for the Town of Stephenville, as approved at the Regular General Meeting of December 6, 2012, are hereby publicized:

DUE DATE for taxes levied in 2013 is March 31, 2013.

1. 7.5 mills per $1,000 of assessed value for Residential property;
2. 8.0 mills per $1,000 of assessed value for Commercial property

REMISSION OF TAX for the year 2013 is subject to the following conditions:

1. Based on previous year’s income on a sliding scale as follows:
   

   If your combined household gross earnings before deductions for 2012 were:	Your 2013 Property Tax will be:
   Below $13,500.00	$100.00 Property Tax
   $13,500.01 – $14,500.00	$100.00 Property Tax or 20% of annual property tax rate, whichever amount is greater
   $14,500.01 – $15,500.00	$100.00 Property Tax or 30% of annual property tax rate, whichever amount is greater
   $15,500.01 – $16,500.00	$100.00 Property Tax or 40% of annual property tax rate, whichever amount is greater
   $16,500.01 – $17,500.00	$100.00 Property Tax or 50% of annual property tax rate, whichever amount is greater
   $17,500.01 – $18,500.00	$100.00 Property Tax or 60% of annual property tax rate, whichever amount is greater
   $18,500.01 – $19,500.00	$100.00 Property Tax or 70% of annual property tax rate, whichever amount is greater
   $19,500.01 – $20,500.00	$100.00 Property Tax or 80% of annual property tax rate, whichever amount is greater
   $20,500.01 – $21,500.00	$100.00 Property Tax or 90% of annual property tax rate, whichever amount is greater
   $21,500.01  and over	Full amount of annual Property Tax rate

    

2. Total 2012 gross earnings of all residents at the property must be within the preceding scale to apply.
3. Proof of Income – Certified copy of previous year’s income tax return and/or statement of earnings from source of income satisfactory to Council.
4. Affidavit – Must be witnessed by a Justice of the Peace or Commissioner of Oaths.
5. All 2013 applications must be received before December 31, 2013 and apply to the year 2013 only.
6. These requirements apply to personal residence only; and it must be occupied by applicant.
7. Liable amount of Property Tax must be paid by taxpayer prior to approval.

BUSINESS TAX

1. 5.1% (51.0 mills) Rent-A-Car Agencies
2. 8.0% (80.0 mills) Banks, Credit Unions, Finance Companies
3. 3.1% (31.0 mills) Mail Order Companies, Pole Yards
4. 2.1% (21.0 mills) Automotive Sales Lots, Broadcasting Companies,Newspapers, Concrete Plants, Department Stores/Dispensaries, Warehousing with no employees on site, Grocery Store/Dispensaries
5. 1.6% (16.0 mills) Airline Ticket Offices, Barber Shops, Beauty Shops, Jewelry Stores, Drug Stores, Grocery Stores, Funeral Homes, Restaurants, Lounges, Hotels, Salvage Yards, Service Stations with Auto Sales, Travel Agencies, Video Shops
6. 1.1% (11.0 mills) Fitness Centres
7. 0.4% (4.0 mills) Service Clubs
8. 0.65% (6.5 mills) Industrial Manufacturing Companies
9. 6.0% (60.0 mills) Oil Companies, Tank Farms
10. 3.0% (30.0 mills) Service Stations with Convenience Store
11. 2.5% (25.0 mills) Professional Offices; Insurance Offices
12. Businesses which operate less than 12 months:  $1,500
13. 1.2% (12.0 mills) All other businesses, including but not limited to:Bed and Breakfasts, Construction Companies, Day Care Centres, Flower Shops, Hospitality Homes
    2. The business tax shall be set at the rate of 2.5% of gross revenue forCablevision Companies, Utility Companies, Power Companies, and

       Telephone Companies.

    3. Where the real property tax is not applicable to a business becauseit has no fixed place of business, the business tax shall be set at the

       minimum rate of 0.5% of the gross revenue of the business as set

       forth in the Municipalities Act, Chapter M-24

       .

    4. Where the amount of tax calculated under (i), (ii), or (iii) above isless than $75, the minimum business tax shall be set at $75.  New

       businesses operating in the Town are required to notify the Town

       Office and register for business tax prior to operating.  All business

       tax is due January 1st, or from the date the businesses commence.

POLL TAX $150.00

WATER AND SEWER RATES

PERMIT FEES

Carolyn Lidstone

TOWN CLERK