A 2021 Property Tax Deferral program will allow eligible property owners to apply to defer their property tax payments until December 15, 2021.
The application-based program will allow eligible residential and business property owners to apply to defer their property tax payments in 2021. As of January 1, 2021, all regular property tax billings, collections, application fees and charges have resumed to the normal schedule, including late payment charges. If eligible resident or business property owners need more time to pay their property taxes, they can apply to the deferral program to have their payments deferred to December 15, 2021.
To be eligible for the 2021 Property Tax Deferral program, property owners will need to provide a COVID-related reason for their financial hardship such as extreme revenue loss, loss of employment, business closure, prolonged suspension of pay, insolvency and/or bankruptcy. Additionally, eligible property owners cannot have any tax arrears (property tax debt) prior to March 2020.
As in 2020, Council has agreed to move forward in offering tax deferrals for Mississauga residents and businesses who continue to experience financial difficulties.
If property owners owe taxes from 2020 or previous years, late payment fees will be charged until paid in full. Late payment charges on deferred 2021 taxes would not be applied until after December 15, 2021.
The 2021 Property Tax Deferral program will go to Council on January 20 for approval. Following Council approval, applications can be submitted online beginning in February until March 31, 2021.
More information about the 2021 Property Tax Deferral program.