Taxes and Assessment

Tax Calculation

• Tax Calculation Information

  The interim tax levy is calculated based on 50% of last year's annualized taxes. The final tax levy is determined by multiplying the Current Assessed Value (known as "Assessment") of your property by the Annual Tax Rate for the property type (known as "Property Class").  

Tax Rates

• Total Tax Rates

  The 2020 Total Tax Rates for each property class in the Township of King are shown below.  These tax rates include Township, Region and Education Taxes. 

  

  Education tax rates are set by the Government of Ontario and the Region of York tax rates are established by Regional Council, both of these will also be applied to the assessed value of your property provided by MPAC.  For questions about your property taxes, please contact the Township of Service King Department at 905-833-5321 or serviceking@king.ca.  

How are property taxes assessed?

• MPAC

  The Municipal Property Assessment Corporation's (MPAC) role is to accurately value and classify properties in Ontario in accordance with the Assessment Act and regulations established by the Ontario Government. 

  Every four years, MPAC perform Assessment Update as part of Ontario's assessment cycle. The last province-wide Assessment Update took place in 2016.  The new assessment on the return of the Assessment Roll reflects the legislated January 1, 2016 valuation date for re-assessment review cycle 2017 to 2020.  Updated Property Assessment Notices were sent by MPAC to residential property owners in June of 2016 and notices for business properties and farms were sent in the fall of 2016.  

  The assessment values on the MPAC notice will be used to calculate your property taxes for the years 2017 to 2020.  An assessment increase does not necessarily result in an increase in your property taxes.  For questions regarding your property assessment value or classification, please contact MPAC.

  Have a question or concern about your property assessment value or classification.  Please visit their website at www.mpac.ca or contact the Municipal Property Assessment Corporation (MPAC).

  Call                                                                  

  1-866-296-MPAC (6722)
  1-877-889-MPAC (6722) TTY

  Write

  P.O. Box 9808
  Toronto, ON M1S 5T9

  Website/ email

  www.mpac.ca 

  Fax

  1-866-297-6703 

Payment Options

• Pre-Authorized Debit (PAD) Program

  The Township offers two PAD plans: a Monthly Plan where payments are withdrawn on a monthly basis for ten months (two sets of five equal payments, one from February to June and one from August to December); and an Installment Plan where payments are withdrawn on the scheduled due dates. To sign up for either program please complete the PAD Application.

   

• Electronic Banking

  Payments can be made through your online or telephone banking. You will have to go through your banks website to set up the Township as a payee. In most cases you will look for "King Tax." The tax account number is your roll number and you will need to include all fifteen digits, but do not include the dashes (for example: 000123456780000). If you choose to pay electronically please allow five business days for the bank to process your payment.

• Bank Payment

  Taxes can be paid at any financial institution. Please all five business days for the bank to process your payment.

• Mail

  You are able to mail in a cheque, please include your tax stub and write your roll number on your cheque. Please remember that the tax payer assumes all responsibility if a payment is delivered late.

  Make cheques payable to the Township of King and send or drop off to: 

  Township of King
  Finance Department
  2585 King Road
  King City, ON
  L7B 1A1

• In Person (Suspended due to COVID-19)

  Your tax payment can be dropped off at the municipal office between 8:30 a.m. and 4:30 p.m. Monday to Friday.

  The Township of King Municipal Centre is located at 2585 King Road, King City.

  During the office closure residents can drop their payments off in the drop box located at the front of the municipal office.

• Post-dated cheques

  Post-dated cheques will be accepted and processed on the date indicated on the cheque. Please make the cheque payable to the Township of King and write the roll number on the front of your cheque.

• Online Payments

  New for 2021, taxes can now be paid through our website using a credit card. Please note there is an additional 2.5% fee to use this service. To pay your taxes online click here.

Supplementary Taxes

• Buying a Newly Constructed Building/Homes, new constructions, renovation or alternations

  For newly constructed homes or buildings, the property taxes may not have been assessed in full at the time when the Final Tax Notice was generated.  The Tax Notice(s) only captured the value of the land if the building portion has yet to be determined.

  The Municipal Property Assessment Corporation (MPAC) determines the assessed values for all properties in Ontario. Due to the volume of buildings to be assessed in Ontario, your property may not be fully assessed in the current taxation year.  Any taxes owing on the building will be retro-active to the date of occupancy and you will receive Supplementary Notice(s) to reflect the taxes owing for current and/or prior years.  Once this process is completed, the valuation for land and building will be combined and levied accordingly in subsequent taxation years. 

Tax Relief

• Tax Relief is available for Seniors, Low-Income Seniors and Low-Income Disabled Persons.

  The Regional Municipality of York administers a Tax Deferral Program for seniors over 65 years of age, low-income seniors, or low-income disable persons.  You must own your principal residence in York Region and must be the owner of the property on January 1st of the taxation year for which the deferral has been requested.  All deferred taxes must be repaid in full prior to transfer of title on sale of the subject property.

  To determine your eligibility for participation in a property tax deferral program, please contact the Finance Department at the Township of King 905-833-5321 (ext. 4572).  Applications must be received no later than September 30th of the taxation year for which you are requesting a deferral of property taxes.

  • Application for Adjustment of Property Taxes
  • Tax Deferral Application

New Homeowner Information Guide