Supporting Local Businesses in Greenview!
Greenview Council has approved a new property tax incentive aimed at supporting local small businesses and encouraging economic growth and revitalization in our communities.
What does this mean for eligible businesses?
Eligible businesses can benefit from a 25% exemption on non-residential property taxes, helping reduce operating costs and freeing up funds to reinvest in their businesses.
Already paid your property taxes? Eligible businesses that have paid their property taxes by December 31 will receive the equivalent 25% reduction through a refund.
Whether applied directly to your tax bill or provided as a refund, the total incentive is 25% of eligible non-residential property taxes.
Greenview is pleased to support local businesses and encourage continued investment in our communities.
Eligibility Criteria – to qualify, your business must meet the following criteria:
- Employ 1-10 persons;
- Gross less than $500,000/annum; and
- Have a non-residential tax assessment currently applicable to the property where the business is operated.
To apply, simply obtain a Greenview Business License and provide the requested information.
This initiative is a testament to Greenview’s commitment to supporting local entrepreneurs and fostering economic growth right here in our backyard. Let’s build a stronger, more vibrant Greenview together!
Bylaw 24-960 Small Business Tax Incentive Bylaw
If you have any questions about this program, please email Greenview’s Economic Development Department.
To apply for a Greenview Business License to qualify for this and other benefits, email Greenview’s Planning & Development Department.