Nova Scotia property tax relief for small businesses in the service sector
March 4, 2021
Restaurants, gyms, hair salons, and small businesses in the service sector are the lifeblood of Nova Scotia’s economy but have suffered as a result of the COVID-19 restrictions.
Recognizing that, the government announced a $7 million rebate program to help the service sector weather the impact of the COVID-19 shutdowns.
The Small Business Real Property Tax Rebate Program provides qualified businesses a one-time rebate of a portion of their paid property taxes. Qualified businesses can choose a rebate of $1,000 or 50% of the commercial real property taxes paid for the final six months of the 2020-21 tax year.
See press release.