What are the property taxes in Calgary?

The property taxes in Calgary is 0.006486% for 2024. This tax rate of 0.006486% is a sum of the City tax rate of 0.004423% and the Provincial tax rate of 0.002282%. Property taxes in Calgary, is a levy based on the assessed value of the property, times the total tax rate. For example if your house is worth $500,000 times this by 0.006486% and yo u will have a tax bill of $3243. This tax bill will be applicable to property owners or landholders.  Here is a table showing the property tax rates in Calgary with assessment class according the cities of Calgary website:

Revenue from property tax is typically divided between the Alberta Government and the City Hall. Approximately, 65% is allocated to City services and the remaining 35% is directed to the Government of Alberta. Navigating the details and potential exemptions can feel overwhelming. At Chamberlain Group, we help you answer your questions, explain the complexities of property taxes in Calgary, and assist you with managing your property tax burden.

What are the current property tax rates in Calgary?

As of 2024, the current property tax rates in Calgary are 0.00644% for residential class and .00219% for non-residential class. According to Adam MacVicar of Global News, the property tax increases are due to an expected increase in this year’s property taxes due to an increase in home prices. This increase in property taxes underscores the importance of staying informed about tax rate changes for property owners and businesses. We at Chamberlain Group keep a close eye on city council decisions regarding tax rates to provide informed guidance to our clients, ensuring they are aware of the latest tax obligations.

Is there a property tax calculator available for Calgary?

Yes there is a property tax calculator for Calgary Property owners in Calgary can access a property tax calculator provided by the City of Calgary. This property tax calculator allows you to estimate your property tax obligation based on your property’s assessed value and current tax rates. Using this tool can be invaluable for property owners in Calgary.

Here’s how the property tax calculator can benefit you:

• Get a starting point for your property tax bill without waiting for the official notice.
• Use the estimated amount to plan your finances and ensure you have the funds available when the bill arrives.
• Gain a better understanding of how property taxes are calculated in Calgary

Remember, the calculator provides an estimate. Your actual bill might differ slightly due to specific factors like additional municipal fees or adjustments based on your individual property characteristics. While the City of Calgary's calculator provides a helpful estimate, experienced property tax advisors can consider specific property details and potential adjustments. We at Chamberlain Group have a team of experts ready to assist you.

Why did my property taxes increase in Calgary?

Property taxes are set to increase this year 2024 due to a municipal rate increase, a rising provincial share, and higher property assessments. As stated by Mark Milke of Fraser Institute, the Calgary City Officials approved a recent increase in the municipal portion of property taxes which applies to all property classes.

While the provincial property tax rate itself is frozen this year, the total amount the province collects for its one-time funding is expected to rise due to the increase in property values across Alberta. Also, assessment for residential properties in Calgary rose by an average of 10% and non-residential properties by 3.3%. The combined effect of the mentioned factors led to an overall increase of 8.6% for residential property taxes in Calgary this year.

How can I check my property tax assessment in Calgary?

You can check your property assessment through the City’s online portal. According to the Calgary City Council, your property tax assessment reflects the estimated market value of your property as of July 1st of the previous year and the characteristics and conditions of the property as of December 31.

You can also check your mail. Property tax bills are usually mailed in May. Property owners who have not received their tax bill by the first week of June can request a copy through the property tax document request service.

When are property tax bills due in Calgary?

Property tax bills in Calgary are due on June 28, 2024. According to Calgary City Council, the Province of Alberta Land Titles Office (LTO) is experiencing delays in processing ownership and address changes. This means that some new property owners might not receive their annual property tax bill on time through the mail.

If you haven’t received your property tax bill by the first week of June, take action to avoid late penalties. You can call 311 (or 403-268-2489 if outside Calgary) to obtain a current statement of your account. This will confirm the amount due and the deadline for payment.

Remember: Late payment can result in penalties. This is why staying on top of property tax deadlines is a must. Here at Chamberlain Group, we keep you informed on deadlines and help you process your payment on time. We help you minimize the potential financial headaches associated with late fees.

Are there any property tax exemptions available in Calgary?

Calgary offers property tax exemptions for non-profit organizations that provide essential services or community benefits. As stated by the Calgary City Council, more non-profit affordable housing providers can be eligible for this exemption. This allows affordable housing providers to continue offering valuable programs to Calgarians.

At Chamberlain Group, our experts have a deep understanding of property tax exemptions in Calgary. We can help you determine your organization’s eligibility and guide you through the application process.

How do I appeal my property tax assessment in Calgary?

Appealing your taxes directly is not an option, you do have the opportunity to file a complaint regarding your property assessment notice with the Assessment Review Board. This complaint resolution process can be seen on the Calgary City administration’s website,

We have summarized the steps to appealing your property tax assessment:

1. Appealing Taxes
Step 1: Understand that you cannot appeal your taxes directly.
Step 2: Use the Customer Review Period on your assessment notice to review the market value of your property.
Step 3: If you disagree with the value or find inaccuracies, file a complaint with the Assessment Review Board.

2. Paying Taxes While a Complaint is Pending
Step 1: File your assessment complaint if you believe there are errors.
Step 2: Pay your taxes by the due date, even if a complaint is pending, to avoid late payment penalties.
Step 3: Await the decision of the Assessment Review Board (LARB or CARB), Court of King's Bench, or Municipal Government Board.
Step 4: If the decision results in a lower tax levy, the reduction will be credited to your tax account.
Step 5: If a credit balance results and it's over $25, expect a refund check. Balances under $25 remain on the account, potentially earning interest on the municipal portion.

3. Selling Property with a Pending Complaint
Step 1: Note that any refunds due from decisions by the Assessment Review Board or courts will be issued to the owner-on-record at the time of refund issuance.
Step 2: If selling your property, ensure the refund is directed to you by having the new owner sign a written instruction to redirect the funds.
Step 3: Include a clause in your sale agreement concerning the redirection of proceeds from an assessment appeal.
Step 4: Send a copy of this agreement, along with a letter from the purchaser’s or vendor’s lawyer (which includes the purchaser’s signature), to Tax Services to authorize the redirection of funds.

Here at Chamberlain Group, we also support our clients throughout the appeals process. We assist in preparing appeals and gathering necessary documentation to address assessment discrepancies effectively.

What is the deadline for paying property taxes in Calgary?

The deadline for paying property taxes in Calgary is typically due in the third week of June each year. Calgary City Council states that property taxes are due on June 28 for this year 2024. Again, it’s important to be aware of this deadline to avoid late payment penalties. If you need help on how to check your due date and ensuring timely payment, Chamberlain Group can assist you.

Are there any property tax rebates offered by the provincial government in Calgary?

No, there are no property tax rebates in Calgary. According to an article by CTV News Calgary, this decision comes after the Calgary City Officials opted against the budget cuts that could have potentially funded a one-time homeowner tax rebate for Calgary. Even without a rebate, there might still be ways to optimize your property tax situation! Chamberlain Group's team of real estate specialists in Calgary can help. Contact them today and see how they can assist you with navigating property tax complexities and potentially reducing your overall tax burden.