Spring Garden Area Business Association

Commercial Tax Reform

 

Commercial Tax Reform

 
 
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Commercial Tax Reform

Property values are driven by the real-estate market which continues to go up in Halifax. Business owners, particularly small and medium-sized business owners, are finding it increasingly difficult to operate in the urban core. That being said, businesses that operate in the downtown for the most part recognize that they are going to pay more to be in the core of the city. But what they find difficult to accept is the fact that the high taxes they pay are used to subsidize suburban retail business centers like Bayers Lake and Dartmouth Crossing.

In 2018, the Municipality was granted new commercial taxation powers to help ease the burden of commercial tax in Halifax, particularly in the downtown core. How these new powers will be applied is still up for discussion and SGABA is a key stakeholder in those discussions. Stay tuned for more information.