With the first official day of summer just one week away, like most of us, we’re all waiting in anticipation to rid ourselves of responsibility and enjoy those longer evenings and sunny days. If you have kids you might find yourself scrambling to register them for camp or anything under the sun to keep them occupied over the summer holidays. However, before we all get into vacation mode, there is one more “adulting” duty to be attended to, your Home Owners Grant.
To make your life a little easier we’ve gone ahead and included each city’s online Home Owners Grant application form below. To avoid 5% late payment penalty on the HOG portion of your taxes, ensure you have your HOG submitted prior to July 2nd 2018. Please note, you will need your tax notice to complete the online form.
If your property has an assessed value of $1,650,000 or less, you may be eligible to claim the full grant amount of $570.
If your property’s assessment value is $1,650,000 or greater, you may qualify for a reduced grant amount. The grant is reduced by $5 for every $1,000 above the assessed value and completely eliminated at an assessed value above $1,764,000.
If you are 65 years of age or older, you may be eligible for an additional grant of $275. The Additional Home Owners Grant is completely eliminated if your property has an assessed value above $1,819,000.