Business Costs

 

 

PROPERTY TAX AND TAX RATES

Property taxes are collected based on a percentage of the property’s current market value assessment (CVA). Each municipality is required to collect property taxes, and set the tax rate for the various property types. Municipal tax rates vary depending on the property type.

The annual tax bill is calculated by applying the tax rate against the current market value assessment of the property. For properties in Middlesex County and it's lower-tier municipalities, property taxes are calculated by performing the following 4 calculations:

  • Current Market Value Assessment x County of Middlesex Tax Rate = County of Middlesex Property Taxes
  • Current Market Value Assessment x Lower Tier Tax Rate = Lower Tier Property Taxes
  • Current Market Value Assessment x Education Tax Rate = Education Property Taxes
  • County of Middlesex Property Taxes + Lower Tier Property Taxes + Education Property Taxes = Your Property Tax.

property assessment is the responsibility of the municipal property assessment corporation. for more information, visit their website at www.mpac.ca


FOR MORE INFORMATION ON MUNICIPAL TAX RATES, PLEASE CONTACT YOUR LOWER-TIER MUNICIPALITY:

links to loWER-TIER municipalities

Adelaide Metcalfe
Lucan Biddulph
Middlesex Centre
Newbury
North Middlesex 
Southwest Middlesex
Strathroy-Caradoc
Thames Centre


PROVINCIAL HARMONIZED SALES TAX

As of July 1, 2010, Ontario harmonized its retail sales tax with the federal goods and service tax (GST) to implement the HST at the rate of 13%.

HST is charged on purchases of taxable supplies of property and services. A limited number of sales or supplies are exempt from HST.

Although the consumer pays the tax, businesses are generally responsible for collecting and remitting it to the government. Businesses are required to file returns on a regular basis, collect the tax on taxable supplies they make in Canada, and remit any resulting net tax owing.

The Canada Revenue Agency administers the HST. For more information visit their website


INDUSTRIAL DEVELOPMENT CHARGES

MUNICIPALITY INDUSTRIAL DEVELOPMENT CHARGES COST PER M2 of GROSS FLOOR AREA Contacts
Adelaide Metcalfe No Industrial Development Charges    
Lucan Biddulph No Industrial Development Charges    

Middlesex Centre

Learn more

Urban Area $$34.33 / m2

Phone: 519-666-0190 or 1-800-220-8968 

Fax: 519-666-0271

Email: @email

Rural Area $21.14 / m2
Newbury No Industrial Development Charges    

North Middlesex

Learn more

Small Industrial: Rural Area $16.04 / m2

Contact: Jonathan Lampman, Manager of Infrastructure & Operations

Phone: 519-294-6244 ext. 223

Email: @email

Small Industrial: Urban Area $94.40 / m2
Large Industrial: Rural Area $16.04 / m2
Large Industrial: Urban Area $180.40 / m2
Southwest Middlesex No Industrial Development Charges    

Strathroy-Caradoc

Learn more

Strathroy $109.31 / m2

Phone: 519-245-1070

Email: @email

Mount Brydges $154.42 / m2
Rural Areas $20.04 / m2

Thames Centre

Learn more

Rural Area $30.78 / m2

Contact: Amanda Storrey, Development Services Coordinator/GIS Technician Planning and Development Services

Phone: 519-268-7334 ext. 249

Urban Area $156.18 / m2