What is the tax rate? When are taxes due? How is property assessed?

Property tax & assessment — Grand Bank, Newfoundland and Labrador: 2026 Taxation Rates Public Notice - Town of Grand Bank

In the Town of Grand Bank, Newfoundland and Labrador, property tax & assessment rules are set by 2026 Taxation Rates Public Notice - Town of Grand Bank, verified 2026-10-18. Due dates: All property, garbage, business and poll taxes, fee-for-service, and all taxes including water and sewer due on or before June 30, 2026. Penalty interest: Simple interest charged monthly, at a rate of 12% per annum on all taxes not paid by June 30, 2026.

2026 Taxation Rates Public Notice - Town of Grand Bank adopted bylaw

tax rate	Property Tax — Residential: 9 mils of assessed value, or minimum $385.00 per annum; second class: 10 mils of assessed value, or minimum $385.00 per annum; third class: minimum $385.00 for first parcel, minimum $50.00 for additional parcels. Garbage Rate: $170.00 per household. Business Tax by class: Retail/Other Commercial 11 mils; Hotels/Motels/B&B 13 mils; Industry 13 mils; Professional Offices 16 mils; Pharmacy/Medical/Dentists 26 mils; Petroleum Distributors 45 mils; Finance/Banks 105 mils; Seafood Processing 115 mils; Retirement Centers 120 mils; Utility 4 mils; businesses with no fixed place 2.5% of gross revenue; Short Term Accommodations $400/unit/year; minimum business tax $100.00/annum. Water & Sewerage: Primary Residence $215.00/annum, Seasonal $115.00/annum; Provincial/School/Health/Federal Buildings $396.00 plus 7 mils (min $396); Seafood Processing $1.75/1000 gallons.	"1. PROPERTY TAX" and "BUSINESS TAX" sections; Residential: "9 mils of assessed value, or a minimum of $385.00 per annum"
due dates	All property, garbage, business and poll taxes, fee-for-service, and all taxes including water and sewer due on or before June 30, 2026	"due on or before June 30, 2026"
penalty interest	Simple interest charged monthly, at a rate of 12% per annum on all taxes not paid by June 30, 2026	"simple interest charged monthly, at a rate of 12% per annum"

scout note

Public notice of 2026 rates approved at special council meeting Dec 15, 2025: residential 9 mils (min $385), vacant land, commercial 10 mils, garbage $170/household, business tax by class (11-120 mils), utility tax 2.5%.