The Town of Trenton invoices property tax bills to all property owners twice each year. The tax year covers the fiscal period of April 1st to March 31st.
Interim Tax Bill
The first (or interim) tax bill will be sent out by mail in early spring. The interim tax bill is based on 50 per cent of the current year’s estimated taxes, which is the current year’s assessment of your property value sent out by PVSC in January.
Final Tax Bill
The second and final bill will be sent out by mail in the fall. The final tax bill is calculated using the current assessment with the current year’s rates, less the amount you already paid from the interim bill.
Current Tax Rates (2020/21) & Property Assessments
Tax calculations are based on the taxable assessed value of the property multiplied by the applicable tax rate.
Residential - $1.94*
Commercial - $4.10*
*for every $100 of assessed value
The taxable assessed value is determined by the Property Valuation Services Corporation. Property owners can obtain detailed information on their property by accessing their "My Property Report" at www.pvsc.ca. You will need to enter your Assessment Account Number (AAN) and PIN access number found on the upper right-hand corner of your assessment notice. For more information, you can contact PVSC at 1-800-380-7775.
There are several options for owners to pay their Property Taxes in Trenton:
- In-person at Town Hall (120 Main Street, Trenton) Town Hall is currently closed to the public. Please review the updated protocols due to COVID-19 here.
- Online Banking - Use your Municipal Account Number found on your tax bill for online banking. The 8 digit account number needed will be numbers only (12345678) unlike your customer code which has letters & numbers (NAMEA001) - do not use this code for online banking.
- At your local bank branch - Bring your tax bill to your local bank branch for payment.
- Direct Payment Plans - To set up a direct payment plan, please contact Town Hall at 902-752-5311.
The total amounts billed must be paid by the due date to avoid interest charges. Interest will accumulate at 1.25% per month to all outstanding taxes following the due date.
Mortgage Payment Details (if applicable)
If your taxes are paid by a mortgage company, the tax bills will be mailed to both the property owner and the mortgage company. You will see a notice on your bill stating: "DO NOT PAY. Taxes are paid by your mortgage company".
Understanding Your Tax Bill
The information below will help property owners understand the information on the tax bill.
Low Income Tax Exemption
Applications for a Low Income Tax Exemption for the 2020-2021 fiscal year are now available.
This exemption is available to any person assessed to a taxable property in the Town of Trenton; currently lives in the home; and whose total income from all sources for the 2019 year was less than $25,000 (total income means total household income excluding war veteran’s allowance or pension paid pursuant to the Pension Act).
Applicants must provide proof of income & the application signature MUST be witnessed at Town Hall (120 Main Street).
The full policy can be found here: pdf FIN-20200616 - LOW INCOME TAX RELIEF POLICY (139 KB)
Applications can be picked up at Town Hall. If you wish to print the application at home, it is available by clicking on the policy link above and can be found on the 3rd page of the policy.
The maximum exemption that will be granted is $250.00.
All applications must be completed and returned no later than July 31, 2020.