Property Tax

Residential property owners in Happy Valley-Goose Bay pay Residential Property Tax at a rate of 6.25 mils of the assessed value of the property. Learn more about property tax rates and discounts here.

Upon application, property tax may be reduced for low income earners on a scale tied to total household income. The 2017 thresholds of combined household income are as follows:

  • 100 per cent discount – less than $25,300
  • 75 per cent discount – between 25,301 and $32,450
  • 50 per cent discount – between $32,451 and $39,600
  • 25 per cent discount – between $39,601 and $46,750

The rate for commercial property owners is 10.5 mils of the assessed value of the property.

Please contact the Town Hall for further information: 896-3321.