Provincial Tax Credit Program

A provincial tax credit may be applied to the provincial portion of property tax on non-commercial property.  Currently, the provincial tax credit is $0.50 per $100 of taxable valuable assessment.

Who is eligible?

You may qualify for the provincial tax credit if you:

  • are the sole owner of a property and reside in PEI for 183 consecutive days or more each taxation year (January 1 to December 31); or
  • co-own a property and 50 per cent or more of the owners reside in PEI for 183 consecutive days or more each taxation year defined as January 1 to December 31.

Detailed information on provincial tax credit eligibility can be found in Section 4 and 5 of the Real Property Tax Act and Section 24 of the Real Property Tax Act Regulations.

How do I apply?

If you do not currently receive a credit under the provincial tax credit program and wish to apply, you must complete a Request for Provincial Tax Credit form and return it to Taxation and Property Records as directed on the form.

Who should I contact if I have questions about the program?

Taxation and Property Records
Phone: (902) 368-4070
Fax:      (902) 368-6164

Email:  taxandland@gov.pe.ca

 

Disclaimer: This page is prepared for information purposes only, and should not be considered a substitute for the applicable statutes. Should there be any conflict between the contents of this page and the statutes, the statutes shall prevail.

 

Published date: 
December 9, 2016