Small Business Property Assessment Sub-Class

As a key part of its economic development strategy, the Municipal District of Taber Council has committed to fostering a culture of growth. This means providing a competitive tax environment that encourages sustained growth and development of small businesses.

Until recently, businesses were charged the same property tax rate regardless of their size. The Small Business Property Assessment Sub-Class offers a 10 per cent in tax savings compared to other non-residential properties.

Council and Administration of the Municipal District of Taber, as a result of a revision to the Municipal Government Act, have divided the non-residential class into 3 subclasses, defined in related regulations as follows:

  • Vacant non-residential property
  • Small business property
  • Other non-residential property

The program is available to all small business properties (other than designated industrial property) that are owned or leased by a business that has fewer than 50 full-time employees.

To qualify, each Small Business Property Owner must voluntarily register annually and the small business must comply with our Small Business Subclass Bylaw No 1952 here. Each fall, Council will review next year’s budget, and the opportunity to provide a possible reduced tax rate to the non-residential Small business property subclass in the upcoming tax year.

Properties that are eligible will be taxed at a reduced rate compared to the rural non-residential municipal tax rate. Click here to download an application form. Please send completed forms to the Administration office (4900B – 50th Street, Taber, AB T1G 2T1).

The deadline to apply is October 31th of the Assessment Year for the following Tax Year.

For more information contact Administration at 403-223-3541.

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