Low Income Tax Exemption Policy
At a Council meeting held Wednesday, March 6, 2013 the following was approved:
Section 69 of the Municipal Government Act allows Council to establish a Policy for granting an exemption from tax for a person whose income is below a specified amount. This policy will establish the amount of the tax exemption, who is eligible and the process for applying for the exemption.
- When the total household income is less than $17,375 the exemption shall be $250.
- When the total household income is between $17,376 and $19,675 the exemption shall be $155
The exemption shall apply only to property of a ratepayer occupied by him or her as his or her principal residence.
The Municipality requires a copy of the prior year’s Canada Revenue Agency Notice of Assessment for all household members prior to approving an application.
The complete Low Income Tax Exemption Policy and application form are listed below. If you have any questions or concerns, you can contact the Cumberland Municipal Office at (902) 667-2313.