Are you someone with a low income who owns your own home and struggles to pay your property tax? If so, there are programs that can help.
Residential Property Tax Credit
If you are a homeowner who occupies your premises, you may qualify for the Residential Property Tax Credit. This credit gives property owners a tax reduction on their principal residence (where you eat and sleep most of the time).
You only need to apply for the Residential Property Tax Credit once. You will continue to receive it for as long as you own and occupy the property. To check if you already receive the Residential Property Tax Credit, please contact Service New Brunswick:
- Email: snb@snb.ca
- Phone: 1-888-762-8600
Property tax relief programs
If you are receiving the residential property tax credit, you may qualify for property tax relief programs that can reduce the amount of property tax you need to pay:
- Property Tax Allowance
- Property Tax Deferral Program for Seniors
personal information for yourself and your spouse (if applicable), including your name, social insurance number, date of birth, and address
Property Assessment Number (PAN)
your household income
information from your tax return for the year before your application
You will need to provide:
Property Tax Allowance
To qualify for the Property Tax Allowance, you must:
- own your property
- use it as your principal residence
- receive the Residential Property Tax Credit
You’ll need to apply for the Property Tax Allowance each year as income amounts sometimes change.
If your total combined taxable income (including your spouse’s, if applicable) is:
- Less than $22,000, you are eligible for up to a $300 rebate.
- Between $22,001 and $25,000, you are eligible for up to a $200 rebate.
- Between $25,001 and $30,000, you are eligible for up to a $100 rebate.
Property Tax Deferral Program for Seniors
To qualify for the property tax deferral program for seniors, you must:
- have at least one property owner listed on the deed who is 65 or older during the taxation year
- use the property as your principal residence
- receive the Provincial Residential Tax Credit
- have the property tax account in good standing as of December 31 of the year before the application
