Welcome to the Municipal District of Taber's Tax Instalment Payment Plan (TIPP) – a hassle-free way to manage your property tax payments throughout the year! Our TIPP program allows you to break down your annual property tax bill into 12 convenient monthly payments, running from January to December.
To get started with TIPP, there is one essential requirement: your tax account must be fully paid up.
Once you have successfully enrolled in our TIPP program, here is what you can expect:
Monthly Payment Commencement: Your first monthly payment will be initiated in January of each year.
Mid-Year Adjustment: On June 1st, we will adjust your monthly payment to account for any changes in the tax levy, ensuring you stay on track.
Year-End Satisfaction: By December 31st, you will have paid off the entirety of your current year's property taxes.
It is important to keep in mind a few key obligations:
Property Sale: If you sell your property, please notify us in writing at least 15 days before the next withdrawal date to arrange for plan cancellation. Failing to do so may result in a fee to cover the returned payment.
Bank Account Changes: Should you need to change your bank account, notify us in writing at least 15 days before the next withdrawal date to provide your new account information. Neglecting this may lead to a fee for the returned payment.
Returned Payments: A service charge will be applied to any payment returned by your financial institution, and such instances may lead to plan termination.
Plan Withdrawal or Cancellation: If you decide to withdraw from the TIPP program or your plan is cancelled, all unpaid taxes become due and subject to penalties in accordance with the Tax Penalties Bylaw No 1985.
Ready to simplify your property tax payments?
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What is TIPP?
The Tax Instalment Payment Plan (TIPP) offers a convenient way for property owners to pay their annual taxes through pre-authorized monthly withdrawals on the 15th of each month. Instead of a lump-sum payment, TIPP allows you to spread your tax payments throughout the year with manageable, budget-friendly instalments.
How TIPP Monthly Payments Are Calculated
When you enroll in the Tax Instalment Payment Plan (TIPP), your monthly payments are initially based on your previous year’s tax levy, divided by the number of months remaining in the calendar year.
Once the current year’s tax levy is finalized, your remaining monthly payments will be recalculated by subtracting any instalments already made from the total current year’s levy, and dividing the balance by the remaining months (ending December 15).
Your annual tax notice will include the total instalments paid to date and the updated monthly amount required for the rest of the year.
Important Eligibility Note
All outstanding taxes and penalties from previous years must be paid in full before enrolling in TIPP.
Avoiding Penalties
Accounts enrolled in TIPP are exempt from the 3% penalty on unpaid current taxes after September 30, provided the taxpayer complies with all terms outlined in the Tax Instalment Payment Plan Bylaw and Agreement.
How do I apply and when can I start TIPP?
Taxpayers can enroll in the Tax Instalment Payment Plan (TIPP) anytime before July 1 to begin making monthly payments toward the current year’s property taxes. Applications received after July 1 will apply to the next taxation year, with instalments starting in January.
Please ensure your application includes a void cheque or a Bank Information EFT Form from your financial institution.
What if I choose to cancel TIPP?
Taxpayers may withdraw from the TIPP program at any time by providing written notice at least fifteen (15) days in advance. Upon cancellation, the full balance of taxes will become due immediately and subject to penalties as outlined in Tax Penalties Bylaw No 1985.
