Applications available for cottage owners to defer payment of 2010 property tax increases
Manitoba Finance advises that cottage owners have the option of paying a portion of their 2010 and 2011 property taxes over a longer period of time through the Cottage Property Tax Increase Deferral Program. Cottage owners can now apply to defer the increased portion of their property taxes for 2010. Cottage owners wishing to defer their 2011 property tax increase can apply next year.
The Manitoba government will pay the municipality on behalf of the cottage owner, who would then repay the province over time or when the property is sold or transferred to another person. Cottage owners who are part of the program will receive an annual statement of their tax deferral amount, plus accumulated interest.
Manitoba has one of the highest levels of cottage ownership in Canada.
Application forms and additional information about the Cottage Property Tax Increase Deferral Program are available online.
