Recreation & Living
Recreation & Living > Local Notices

Add a Notice  |  View Notices

Education Property Tax Credit Effective Jan 1, 2019

Posted: May 6, 2019

 
EDUCATION PROPERTY TAX CREDIT
CHANGES EFFECTIVE JAN.1, 2019 
 
A provincial legislative amendment has changes how the Manitoba Education Property Tax Credit (EPTC) will be applied to resident homeowners’ property taxes. Effective for the 2019 tax year the calculation of the EPTC will be based on school taxes only and the credit will no longer offset municipal property tax.

Important Changes:
  • The EPTC will no longer apply to municipal property taxes.
  • The property tax minimum threshold amount of $250 has been eliminated.
 
The EPTC is entirely funded by the province and these changes do not impact municipal revenues. There may be positive and negative impacts on some individual households.Further information on the EPTC can be found 
www.gov.mb.ca/finance/tao/eptc,html.  Check for updates on  www.russellbinscarth.com