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 (Demande de crédit d’impôt provincial (681 Kb) 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