More questions and answers are available on the Province's website.
No, only one Home Owner Grant can be applied for each year. A spouse cannot apply for the Home Owner Grant on a different property. Separated couples can apply for the grant on their own properties but must have entered into a written agreement with their spouse to live separately or be subject to a court order recognizing the split.
How much is the Home Owner Grant worth?
The Home Owner Grant entitles the owner to a maximum reduction of $570.00 (basic) OR $845.00 (additional).
The grant is reduced at a rate of $5.00 for each $1,000 of assessed value over $1,150,000.
The basic Home Owner Grant is eliminated on property assessed at $1,264,000.
The additional Home Owner Grant is eliminated on homes assessed at $1,319,000.
Why can't the banks claim the Home Owner Grant when I pay the net property taxes?
It is a requirement of the Provincial Government that the property owner sign their Home Owner Grant application each year to verify residence.
Why is there a penalty on Home Owner Grant amount when it is not claimed on time?
It is not actually the Home Owner Grant that is penalized. It is the amount of taxes that would be reduced by the Home Owner Grant. If the taxes are left unpaid in anticipation of receiving the Home Owner Grant and it is denied (for whatever reason) the taxes that were left unpaid would be subject to the penalties.
Does the Disability Form B, Certificate of Physician and Property Owner, have to be completed each year?
No. Once the Form B certificate is accepted, it becomes a permanent record on our file unless we are notified otherwise by the Provincial government and you continue to live at the same property. If you move, you will need to complete and submit the Form B for approval.
However, you must provide a Consent for Release of Information form, every year, signed by you and your Ministry of Employment and Income Assistance representative, verifying you are receiving a disability allowance under the Employment and Assistance for Persons with Disabilities Act.
For more information on the disability eligibility, please see the Provincial website.