NEW TIPPS INFORMATION IN THE MAIL THIS WEEK
For those property owners on the convenient TIPPS program (Tax Installment Payment Plan Service) watch for your new TIPPS Information in the mail this week.
TIPPS allows property owners to pay their property tax bill in 12 monthly instalments by automatic withdrawal rather than a single annual payment, based on the calendar year. TIPPS customers must ensure that sufficient funds are available in their deposit account on the first banking day each month. This service makes budgeting easier, and has no added fees or penalties.
If you are a property owner and not currently paying your property taxes on a monthly basis, consider applying for TIPPS. You can apply if you:
· have banking privileges at your financial institution (bank, trust company, or credit union)
· are not paying your property tax through a mortgage company
TIPPS applications are accepted throughout the year, and it is important to note, all tax arrears and any missed instalments from January 1 must be paid at the time of your application.
For those property owners currently not on TIPPS, property taxes are due and payable June 30 of each year.
For more information visit the homepage of saskatoon.ca and look under Online Services for TIPPS, or use the Property Assessment & Online Tax Tool. Other tax questions? Call 306-975-2400.
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