City of Winnipeg Education Property Tax Credit
It's always good to keep up with information that benefits my buyers. Today I thought I would post the self-service process changes that the City of Winnipeg made back in 2018. A reminder to new homeowners that being informed can save you $$$.
Re: Education Property Tax Credit (EPTC) Self-Declaration Form
The City of Winnipeg has recently changed their administration process with respect to the provincial Education Property Tax Credit. In previous years, this credit was automatically “transferred” to the new purchaser(s) of the property as long as their mailing address was the same as the property address. Basically, the City of Winnipeg assumed that it was the purchaser(s) principal residence and automatically applied the credit on the tax bill for the future tax years.
As of December 27, 2018, we have noted that the City of Winnipeg has posted on its website that its administration process has changed requiring all purchasers to complete and return a Self-Declaration form to the City of Winnipeg in order to have the credit added to the property tax statement. In order to apply to have the credit added to your property tax bill, you need to complete and return the form to the City of Winnipeg, Assessment and Taxation Department by March 15th.
In order to qualify for the Education Property Tax Credit Advance on your property tax bill:
- The property must be your principal residence.
- The property must be assessed as a single residential dwelling.
- The homeowner cannot be receiving the credit on another home elsewhere in the Province.
If you do not receive the Education Property Tax Credit on your property tax bill and you are eligible for the credit, you can claim the tax credit on your income tax return.
If you have any questions with respect to the Education Property Tax Credit, please contact the City of Winnipeg Assessment and Taxation Department by telephone at 311 or email at firstname.lastname@example.org.