Manitoba seniors have access to the Seniors’ School Tax Rebate, a financial relief program designed to help with school tax costs. This rebate is available to seniors who meet specific eligibility criteria, offering savings of up to $235 annually. Read on to discover if you qualify and how to take advantage of this benefit.
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Who Is Eligible for the Seniors’ School Tax Rebate?
To qualify for the rebate, you or your spouse/common-law partner must meet the following requirements:
- Age: You must be 65 years or older by December 31 of the tax year.
- Homeownership: You own your home or are liable for paying school taxes on your principal residence.
- Residency: You live in your home and are a resident of Manitoba.
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Rebate Amount and Income Considerations
The maximum rebate for 2023 and beyond is $235 for eligible seniors. However, the actual rebate amount depends on:
- School Taxes: The rebate is calculated based on the total residential school taxes assessed after subtracting the Basic and Seniors Education Property Tax Credit.
- Income Threshold: The rebate is reduced by 1.0% of net family income over $40,000.
Income Scenarios:
- Seniors with a net family income below $40,000 may qualify for the full rebate, depending on the amount of school tax.
- Seniors with a net family income of $63,500 or higher are not eligible for the rebate.
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Why Apply for the Seniors’ School Tax Rebate?
This rebate provides meaningful savings for eligible households, especially those on fixed incomes. By offsetting school tax costs, the program ensures seniors can enjoy financial stability while continuing to reside in their homes.
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How to Get Started
If you meet the eligibility criteria, apply for the rebate through Manitoba’s property tax assessment system. For further information or assistance, contact your local tax authority.
Don’t miss out on this opportunity to reduce your tax burden and maximize your savings. The Seniors’ School Tax Rebate is here to support Manitoba seniors—empowering you to focus on what matters most.
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