Exemptions and deferrals ease property tax impact

There are a number of changes to the controversial Local Property Tax Bill, including exemptions for certain homeowners.

Homes affected by pyrite and properties owned by charities and which are used for recreational purposes as part of their main activity will now be exempt from the property tax. Also, persons permanently incapacitated will also be exempt.

Property tax payment deferrals will be available to the personal representative of a deceased person’s estate. The deferral will be permitted for up to three years until the estate’s affairs have been put in order.