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Property tax rebate announced for small businesses in service sector

Eligible businesses can choose either a rebate of $1,000 or 50 per cent of the commercial real property taxes paid for the last half of the 2020-21 tax year
022421 - premier iain rankin
Premier Iain Rankin at his first COVID-19 briefing on Feb. 24, 2021

The province has announced a $7 million rebate program for small businesses in the service sector struggling to survive through COVID-19 restrictions.

The Small Business Real Property Tax Rebate Program will give eligible businesses a one-time rebate of a portion of their paid property taxes. 

Those business owners can choose either a rebate of $1,000 or 50 per cent of the commercial real property taxes paid for the last half of the 2020-21 tax year.

At a Tuesday briefing, Premier Iain Rankin called these businesses the "backbone of the Nova Scotia economy."

"That's approximately 3,300 small businesses eligible, including full service restaurants, bars, gym and fitness facilities, hair salons and barbershops, spas and nail salons, and body art establishments," said Rankin.

He said the money can be used for any aspect of running the business, including staffing, bills or supplies.

"We recognize that restaurants have put in mitigation measures such as plexiglass, other forms of PPE and enhanced cleaning," the premier said. "We know that other service sector businesses have also suffered and today's announcement is meant to address that."

More details on the program, including how to apply, will be available online by mid-March.

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