Tax Structure and Rates – 2025

Buchans, Newfoundland and Labrador

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TAX STRUCTURE AND RATES - 2025 1) Property Tax a. Residential (13.2 mils of assessed value) Minimum $655.00 b. Commercial (16 mils of assessed value) Minimum $655.00 NOTE: Where the property values of multiple parcels of land held by a single owner are combined, the Town of Buchans will be charging a separate minimum property tax for each parcel of land owned. 2) Water/Sewer Rates a. Residential $450.00 b. Business $450.00 c. Schools $1,973.40 d. Hospital $3,523.90 e. Beauty Salons/Stores $380.00 f. Manufacturing Companies $2,646.00 3) Business Tax (based on assessed value) a. Group 1 - Cable Company, Utilities 2.5% Gross Revenue b. Group 2 - Financial Institutions 225 mils c. Group 3 - Order Offices 145 mils d. Group 4 - Drug Stores 50 mils e. Group 5 - Oil Companies, Supermarkets 45 mils f. Group 6 - Beauty Salons, Clothing Stores 40 mils g. Group 7 - Convenience Stores, Hospitality Homes 30 mils h. Group 8 - Service Stations 24 mils i. Group 9 - General Contractors, Hardware Stores, Takeouts, Clubs, Restaurants 20 mils j. Group 10 - Manufacturing, Exploration 15 mils k. Group 11 - Butchering Shops $150.00 l. Group 12 - Hotel / Inns / Motel 5 mils m. Group 13 - No fixed place of business $115.00 Minimum Business Tax $115.00 4) Dog Licenses male and spayed female (certificate must be provided) $5.00 5) Construction Permits a. Residential $25.00 b. Commercial $50.00 6) Tax Certificates $50.00 7) Ground Rents for Trailers $144.00 8) Reconnection Water Fee $40.00