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.
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.
For me, the biggest issue is how the 3-point line has changed the game.
I love basketball and have loved it for a long time. Although never particularly gifted athletically, I played in high school, I played senior men’s, and I played a lot of pick-up.
In addition to the Assessment Act, this is the other piece of NB legislation that has to change in any systemic reform
There is liberation in growing older – true in many ways, as I’m sure those of a certain age would agree
They’ve lowered the tax rate for 2025! Yay? Not so fast.
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.
Fundamentally, though, there are four main areas that any new system absolutely must address for it to improve...