Property Assessment Services - Property Tax Allowance
Service New Brunswick
Overview
The Property Tax Allowance provides a tax reduction to low income property owners.
Eligibility
To qualify for the Property Tax Allowance, the applicant must be an assessed owner on January 1 of the year, as well as at the time of the application, it must be your principal residence, and you must be receiving the Residential Property Tax Credit.
Description
If you and your spouse have a combined taxable income of:
• 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.