This program provides low-income seniors and low-income persons with a disability the opportunity to apply for a deferral of property tax increases.
To be eligible for either a total or partial tax deferral, the property owner must be a senior citizen who is at least 65 years of age, or low-income senior between the ages of 55 - 64, or a low-income disabled person (as determined below).
- Seniors 65 and Older
- Seniors must provide supporting documentation to verify their proof of age
- The amount eligible for annual deferral is the tax increase for the subject year
- Low-Income Seniors 55-64
- Low-Income Seniors must provide supporting documentation to verify their proof of and
- That they meet the following income criteria:
- Single - $23,000 or less
- Family of 2 or more persons - $40,000 or less
- The amount eligible for an annual deferral is the tax increase in excess of $100 in a reassessment year
- Low-Income Disabled
- Disabled persons must provide documentation to verify that they are in receipt of benefits under one of the following programs:
- Ontario Disability Support Program (ODSP) or in receipt of disability amounts under the Social Assistance Reform Act or
- Guaranteed Annual Income System (GAINS) for the Disabled and be eligible to claim a disability amount as defined under the Income Tax Act (Canada)
- The amount eligible for an annual deferral is the tax increase over the previous year.
- Disabled persons must provide documentation to verify that they are in receipt of benefits under one of the following programs:
The property for which the taxes are payable must be located in the York Region and must be owned by an eligible senior or disabled person as a principal residence on January 1 of the eligible year.
The cumulative amount of the deferred and outstanding taxes cannot exceed 75% of the assessed value of the property.
All deferred taxes become payable upon disposition or transfer of the property except for a transfer of ownership to a spouse.
Seniors and disabled persons must apply annually for the tax deferral by September 30 of each taxation year for which a deferral is required.
