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Are You Suffering From Tax Shock

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Services for Real Estate Pros with My Time Is My Own

Are You Suffering From Tax Shock

Whew! Done for another year, all the receipts have been collected, tax slips organized and all in the hands of your friendly tax return preparer. All that is left to do is write the cheque and make sure it gets posted in time.

More Tax Pain

Unfortunately some may have been so busy getting all of the above wrapped up before the deadline they forgot all about another tax deadline.

The Second  installment of your Gerogina property taxes are due by Thursday April 28th, 2011.

Failure to pay them on time will result in an immediate penalty of 1.25%.

 

From The Tax Office - Your Taxes Are Due

That's right folks, your second Georgina tax payment is due April 28th, 2011. If you miss the deadline an automatic 1 1/4% interest charge is added immediately and another 1 1/4% again on the 1st of every month after that until paid.

Property Taxes, Property Assessments, Income Taxes, Taxation and  spendthrift governments. It's that time of year once again when these words start to fill our minds with thoughts of politicians who just do not get it, Politicians who think the taxpayer is an uneducated boob who will simply groan as they are rolled over and their pockets picked by this level or that of our political hierarchy.

Taxes in one form or another have been with us throughout recorded history from the taxes collected by the Scribes of the Egyptian Pharaohs to the war time tax of the Athenians to the taxes imposed by the Roman Empire.

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Posts on Property Assessment and Taxation are for informational purposes only please read the  CAVEAT

Comments(6)

Barb & Sal Dragotta
Macomb, MI
Macomb County Michigan

Barrie...Yikes--two [2] taxes due in April !!  That is so wrong on all levels. My heart goes out to you folks there in Canada [Georgina]. have a great rest of the week.

Barb

Apr 27, 2011 01:50 PM
Barrie Clulow
My Time Is My Own - Uxbridge, ON

Barb - speaking of taxes I just read your posts on the bridge debate

Apr 27, 2011 05:52 PM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Barrie,

 

I think that the penalties are excessive. Those rates should not apply.

 

Brian

Apr 28, 2011 12:52 AM
Barrie Clulow
My Time Is My Own - Uxbridge, ON

Brian - Especially given todays low interest rates

Apr 28, 2011 03:19 AM
Janice Ankrett
Burlington, ON
Staging Professional

Barrie, I always send post dated cheques because I would forget for sure. I guess taxes are a necessary evil but ...

Apr 28, 2011 04:03 AM
Barrie Clulow
My Time Is My Own - Uxbridge, ON

Janice - from a temporary measure before our time to today where Canadians are

 

Apr 28, 2011 05:29 PM