The Farm Use Assessment Program provides tax relief to resident and non-resident farmland owners who have property leased to bona fide farmers. Who is eligible? If you are a property owner who is not a bona fide farmer, you may be eligible for farm use assessment if you: lease or...
The Farm Assessment Program for Bona fide Farmers provides farmers with tax relief on the land used for farming, If you are interested in this program, you may also want to apply for a Marked Gasoline and Marked Diesel Oil Permit. Who is eligible? You may qualify for the program...
The purpose of the Seniors Property Tax Deferral Program is to lower the cost of living for qualifying seniors by offering to defer payment of property taxes on their principal residence. Who is eligible? You may qualify for the program if you: are 65 years of age or older; have...
This section provides general information on Real Property Transfer Tax including legislative authority, applicability, rate and payment requirements. What is Real Property Transfer Tax? The purchaser of real property on Prince Edward Island must file an Affidavit of Purchaser...
The Residential Unit Development Incentive (RUDI) for Multi-Unit Residential Buildings announced by the Province of Prince Edward Island will provide financial support to encourage the development of newly constructed rental units by providing a diminishing property tax rebate...
This publication is the Annual Report for the Department of Finance for the fiscal year ending March 31, 2025.