New Brunswick homeowners will have more time to pay their property tax bills this year.
As government continues to examine the provincial property framework, 2022 property tax notices will be issued on April 1st, four weeks later than planned.
“In light of recent developments in the real estate market, we are taking a closer look at the provincial property tax system which is resulting in a short delay for property tax bills this year,” said Finance and Treasury Board Minister Ernie Steeves. “Any changes to provincial property taxes and potential relief to renters will be communicated to New Brunswickers once a decision has been made.”
A delayed bill will also mean more to time to pay – property owners will have until the end of June to pay their property tax without penalty.
Anyone taking part in the equalized payment plan will get a letter telling them how their 12-month equalized payment cycle will be maintained.
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