Tax Plan
TAX INSTALLMENT PREPAYMENT PLAN
The City of Courtenay offers a Tax Installment Pre-payment Plan for those who wish to pay their taxes in advance throughout the year. To be accepted for this program, an eligible tax payer must have chequing account privileges at a Financial Institution in Canada and complete and return a Tax Installment Pre-Payment Plan Application to the Collector on or before July 15th for the following tax year.
Taxes are paid monthly via direct account debit. This tax installment prepayment plan requires that the owner (s) enter into an agreement with the City whereby authorizing the City to automatically withdraw funds from your account on the first day of each month August to May.
There are two payment options:
FIXED - The monthly installment amount is agreed upon between the applicant and the City of Courtenay at the time of application. Fixed monthly installment amounts do not change from one year to the next unless a request is made by the applicant in writing to do so. Any balance owing on the annual tax notice must be paid by the due date to avoid penalty charges.
CALCULATED - The monthly installment amount is calculated on the previous years' gross taxes less the Home Owners Grant amount (if claimed) divided by the ten monthly payments. Calculated monthly installment amounts are an estimate and are not guaranteed to cover the exact amount of taxes levied for the year. Any balance owing on the annual tax notice must be paid by the due date to avoid penalty charges.
More information and application forms are available at City Hall, or download a PDF version of the form using the link below.
Tax Installment Pre-Payment Plan Application
Last Update : Monday, March 22, 2010