You may be eligible for a total or partial tax deferral if you are:
- A senior citizen who is at least 65 years old
- A low-income senior between the ages of 55 to 64
- A low-income disabled person (see below)
Seniors 65 and Older
- You will need to show documents that prove your age.
- You may be able to defer the tax increase for the given year.
Low-Income Seniors 55 to 64
- You will need to show documents that prove your age. You must also earn $23,000 or less per year (if you are single) or $40,000 or less per year if your family has two or more people.
- You may be able to defer the amount above $100 that your taxes have increased in a re-assessment year.
You will need to show documents that you:
- Receive benefits from the Ontario Disability Support Program (ODSP) or receive disability amounts under the Social Assistance Reform Act
- Receive benefits from the Guaranteed Annual Income System (GAINS) for the Disabled and are eligible to claim a disability amount as defined under the Income Tax Act (Canada)
You may be able to defer the tax increase for the given year.
The property must be located in the York Region. It must also be the principal residence of the senior or disabled person on January 1 of the eligible year.
The total of the deferred and outstanding taxes can’t be more than 75% of the assessed property value.
Any deferred taxes need to be paid when the property is transferred or disposed unless ownership is being transferred to a spouse.
In order to qualify for the Tax Deferral, all taxes must be received in full by September 30 of the year for which the application refers. Application due date is September 30 of current year.
To apply, please fill out the online Tax Deferral Form.