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NEWS: Small business tax break scheme not available to everyone (Nov. 2022)

November 22nd, 2022 · No Comments

No mechanism to force landlords to transmit the savings

Just some of the businesses who have been deemed ineligible for the small business property tax subclass.
NEILAND BRISSENDEN/GLEANER NEWS

By Carly Penrose


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Tags: Annex · News

LETTERS TO THE EDITOR (Nov. 2022)

November 22nd, 2022 · No Comments

RE: Grading our Greenspace (Aug. 2022)

Grading Our Greenspace (by Fox Oliver, Annex Gleaner, August 2022) is most interesting but rather cruel to The Doctors’ Parkette which rates it as Grade C and describes it as “easily missed” and  “doesn’t particularly stand out or offer any unique amenities,” with no mention of the Major Street Parkette, or its kidnapped erratic.

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Tags: Annex · Opinion

EDITORIAL: A small business tax break in name only (Oct. 2022)

October 19th, 2022 · Comments Off on EDITORIAL: A small business tax break in name only (Oct. 2022)

In November of last year Mayor John Tory announced a new small business tax that was meant to reduce the property tax burden that small businesses must pay to the city. In theory, this meant an across the board decrease of 15 per cent for properties that met two criteria: lot size and value. It turns out however, that the methodology chosen by the city is so flawed that it appears that as many as 20 per cent of properties will not get the break even though they meet the requirements.

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Tags: Annex · Editorial · Opinion