New Tecumseth property tax: instalment dates and a monthly penalty
Interim instalments are due on the last business day of February and the last business day of April. Final residential and farmland instalments are due on the last business day in June and the second last business day in September, while final commercial, industrial, multi-residential and mixed instalments are due on the last business day in August and the last business day of October. A penalty of 1.25% of the outstanding balance is added on the first day of each month, and the Town does not charge penalty on penalty. The Town must receive your payment on the due date, and online and mobile banking payments can take three to five business days to process. Pre-authorized plans are monthly, due date and arrears.
Source: Town of New Tecumseth: property taxes and payments (opens in a new tab)