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What is the Tax Installment Plan? The City of Red Deer's Tax Installment Plan (TIP) is a simple, secure and convenient way to pay your annual property taxes.
The plan simplifies your budgeting by dividing your yearly property taxes into smaller monthly sums. These sums are automatically withdrawn from your bank account on the last working day of each month, saving you time and postage costs and helping you avoid the risk of penalties. There is no charge to join the plan.
Who can enroll in the TIP program?
Anyone can enroll providing the following conditions are met:
- Tax arrears, supplementary taxes and charges transferred to taxes must be paid in full prior to you starting on the plan
- Buildings on your property must be 100% complete by December 31 of the prior year
- Your taxes are NOT being paid by a mortgage company
Please note that supplementary tax levies are not eligible for the installment plan.
How do I enroll? A Tax Installment Plan Application form is completed and submitted to Assessment & Taxation Services along with a void cheque and any required initial payments.
The TIP authorization form can be obtained in several ways:
- You can print the application form
TIP Application for Preauthorized Withdrawal, and mail or fax it to us. You must contact the Assessment & Taxation department in order to complete the payment portion if you are using the form from the website.
2. Pick one up in person at Assessment & Taxation Services on the 4th floor of City Hall, 4914 48 Avenue, or
3. Call 403-342-8126 to request an application to be mailed or faxed to you.
Once you've completed and signed the form, deliver it with a void blank cheque and any required initial payment in one of the following three ways:
- in person to Assessment & Taxation Services
- by fax to 403-342-8199
- by mail to Assessment & Taxation Services, Box 5008, Red Deer, AB T4N 3T4
When would payments be taken from my account? Once you are enrolled in TIP, your monthly property tax payments will be automatically withdrawn from your bank account on the last banking day of each month.
When is the deadline to enroll? You can enroll in the TIP program at anytime but your enrolment information must reach the Tax department by the 15th of the month in order for your TIP payment to commence in that month. To avoid penalties on current year taxes, the fully completed application form must reach the Assessment and Taxation office by June 15.
What is the initial payment? To divide your current property tax year's payments equally over 12 months, you must enroll by January 15. TIP payments typically begin in January. However, if you are enrolling in TIP later in the year, you can join by paying an initial payment which is equivalent to the missed installments. City tax staff will calculate this amount for you.
Is TIP transferable? TIP is not transferable. You must complete a new TIP application for your new property. Contact the Tax Department for further details.
How do I change banking information or cancel my Tax Installment Plan? You can change or cancel your Tax Installment Plan by coming into the Assessment & Taxation Services department and filling out the required form. You can also print the Change/Cancellation Form, fill in the required information and mail or fax it to the following address:
Assessment & Taxation Services
P.O. Box 5008
Red Deer, AB T4N 3T4
Fax: 403-342-8199
Do I have to enroll in the TIP program every year to continue automatic payment withdrawals? No. Once you enroll in the TIP program it remains in place until you contact us in writing to cancel.
For more information on the Tax Installment Payment Plan, please contact Assessment & Taxation Services.
Location - 4th Floor City Hall, 4914 48 Ave Red Deer, AB
Mailing - Box 5008 Red Deer, AB T4N 3T4
Phone - 403-342-8126
Fax - 403-342-8199
Email - tax@reddeer.ca
The following are links to commonly used property tax forms;
Tax Installment Plan - Pre-authorized Debit Application
Change/Cancellation Form
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