Government of New Brunswick

Property Tax Relief Programs


Residential Property Tax Credit

If you own a property that is your principal residence, you could be eligible for a residential property credit. A principal residence is where you eat and sleep most of the time. This tax credit goes against the provincial portion of your property tax. You will still have to pay all of your municipal property tax.

You only need to apply for the Residential Property Tax Credit once. You will continue to receive it for as long as you own and occupy the property.

For more information about the program, click “here ”.

 

Property Tax Allowance

The Property Tax Allowance provides tax relief to low income property owners. To qualify for the Property Tax Allowance, you must own your property, it must be your principal residence, and you must be receiving the Residential Property Tax Credit.

If you and your spouse have a combined taxable income of:

less than $22,000, you are eligible for up to a $300 rebate.
Between $22,001 and $25,000, you are eligible for up to a $200 rebate.
Between $25,001 and $30,000, you are eligible for up to a $100 rebate.

For more information about the program, click “here ”. 

 

Property Tax Deferral Program for Seniors  

This program provides property tax relief to eligible seniors in New Brunswick, by allowing those interested in the program to apply for a deferral of the annual increase in property taxes on their principal residence.   

Deferred property tax and interest amounts constitute a lien against the property and become due and payable to the Province when the property is sold or transferred. 

For more information about the program, click “here

 

Other Tax Relief and Benefit Programs


New Brunswick Low-Income Seniors’ Benefit

To assist low-income seniors in New Brunswick, the government offers a $400 annual benefit to qualifying applicants.

To qualify for the benefit, applicants must be a resident of New Brunswick and a recipient of a benefit under the Old Age Security Act (Canada): Federal Guaranteed Income Supplement (GIS), Federal Allowance for the Survivor, or the Federal Allowance.

Important: Persons in receipt of a Federal allowance who are under the age of 60 do not qualify for this benefit.

For more information about the program, click “here ”.

 

Home Energy Assistance Program (HEAP)

The Home Energy Assistance Program provides a $100 benefit to help families with incomes up to, and including $30,000 cope with high energy costs.

For more information about the program, click “here ”.