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News and Updates - Finance

Posted on: November 27, 2020

Sign Up For The Pre Authorized Payment Tax Instalment Payment Plan

Pre Authorized Payment Tax Instalment Payment Plan copy

The Tax Instalment Payment Plan (TIPP) is an efficient program which allows you to pay your property taxes on a monthly basis instead of one annual payment. Your payment automatically comes out of your bank account.

How does TIPP work?

Each year property taxes are billed in May but cover the period from January 1st to December 31st.

If you take advantage of the TIPP programs you don't need to worry about the payment deadline or late payment penalties. Your taxes are spread over 12 months, starting in January, with the account being paid in full after your December installment. TIPP automatically continues from year to year, or until you chose to discontinue the payment schedule.

Your monthly payment amount is calculated by dividing your most recent annual tax levy by twelve (12).  This account is paid through automated withdrawals from your back account each month.

You can join the plan anytime, providing your tax account is in good standings.

If you are interested in participating in the TIPP's program or require additional information, please contact the Town office at 780-849-8000. 

Sign Up for the Town's Pre Authorized Payment Tax Instalment Payment Plan by clicking here https://www.slavelake.ca/FormCenter/Property-Taxes-30/Pre-Authorized-Payment-Tax-Instalment-Pa-196

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