New property assessment valuation date in 2025 – How does this affect you?
Starting this tax year (2025), the valuation date for your property assessment will be January 1 of the previous year – 2024, in this case – instead of the current year.
A Taxing New Brunswick Christmas wish list
Everyone hopes for a little special something in their Christmas stocking on that magical morning....
Property assessment and taxation reform: The Real Property Tax Act
In addition to the Assessment Act, this is the other piece of NB legislation that has to change in any systemic reform
Why “lowered tax rate” isn’t the right headline
They’ve lowered the tax rate for 2025! Yay? Not so fast.
Property assessment and taxation reform: The Assessment Act
In over 50 years, at no time did the government ever amend or re-write the Act in contemplation of changes in market conditions like the ones we’ve seen here in NB since 2021.