Fifteen per cent of homeowners have yet to fill out the required form, and risk having their properties declared vacant.
tax has been extended to the end of the month, Mayor Tory said Thursday, with about 84.5 per cent of homeowners completing the required form to declare whether their home is empty.
“Let’s remember that the most important thing about the vacant home tax is that most people will not pay it because most people are living in their homes,” Tory told reporters at an event to launch new speed cameras. “The point of this isn’t money, the point of this is to get housing stock that is sitting empty into people’s hands to use for housing,” Tory said.which they should have received in the mail but can also find online, whether or not their property is empty.
If owners don’t make the annual declaration by the deadline “and/or provide supporting documentation,” their property may be “deemed vacant,” the city website adds.
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