Tax Exemptions

Certain properties in the Town may be eligible for exemption of all or part of their property taxes.

Permissive Tax Exemption

The Town of Ladysmith recognizes the significant value of volunteers, volunteer groups and agencies to the spiritual, educational, social, cultural, and physical well-being of the community. A permissive tax exemption is a means for Council to support organizations within the community that further Council’s objective to enhance the quality of life while delivering services economically to the citizens of Ladysmith.

In order to be considered for a Permissive Tax Exemption, eligible property owners must complete and submit the application before July 31^st.

Permissive Tax Exemption Notice 2026
Permissive Tax Exemption Application
Permissive Tax Exemption Renewal Form
Permissive Tax Exemption Policy

2025 Permissive Property Tax Exemptions
Organization/ Property Owner	Address	2025 Municipal Tax Exemption
Boys & Girls Club	220 High Street	$8,916
Canadian Legion Branch #171	621 1st Avenue	$481
Island Corridor Foundation		$22,451
Ladysmith & District Historical Society	1115B - 1st Avenue	$3,966
Ladysmith & District Historical Society - Roundhouse	612 & 614 Oyster Bay Drive	$3,338
Ladysmith & District Historical Society - Museum	721 1st Avenue	$5,750
Ladysmith Fellowship Baptist Church	381 Davis Road	$1,767
Ladysmith Festival of Lights	1163 4th Avenue	$8,610
Ladysmith Golf Club Society	380 Davis Road	$4,116
Ladysmith Health Care Auxiliary	910 1st Avenue	$16,491
Ladysmith Maritime Society	616 Oyster Bay Drive	$3,508
Ladysmith Resource Centre Association	630 2nd Avenue	$12,418
Ladysmith Resource Centre Association	314 Buller	$20,106
Ladysmith Seniors Centre Society	630 2nd Avenue	$6,469
Ladysmith Senior Citizens Housing Society	207 Jamison Road	$5,643
Ladysmith Senior Citizens Housing Society	101 1st Avenue	$5,270
Municipal Parking lot	17 Roberts Street	$3,111
Municipal Parking lot	25 Roberts Street	$2,329
Pentecostal Assemblies	1149 4th Avenue	$3,266
St John's Masonic Temple	26 Gatacre Street	$2,820
St. Mary's Catholic Church	1135 4th Avenue	$9,667
United Church of Canada	232 High Street	$1,717
	Total	$152,210

Revitalization Exemptions
Mees, Adine and Van Seters, David	341 1st Avenue	$4,378
Temperance Group Investments	32 High St	$2,336
Atlas Shrugged Holdings	902 Ludlow Rd	$49,667
	Total	$56,380

	Total Exemptions	$208,590

For more information, please see the Permissive Tax Exemption Renewal Form.

Revitalization Tax Exemption Program

Council has recognized that it is difficult for taxpayers to invest in improvements to their commercial properties and also pay the increased tax due to the increase in the assessed value. Council wishes to encourage revitalization of our commercial properties to ensure that they do not fall into disrepair. In order to encourage the owners to make the required improvements to our commercial properties, Council has established this programs. Click here (fees and incentives link) for details.

Each project must meet the following downtown revitalization objectives:

The property is within the Downtown Core.
The total cost of the project represents a significant investment by the property owner for a minimum total cost of $15,000;
Exterior building improvements meet or exceed the Town’s Downtown Specified Area Design Guidelines and will enhance the streetscape;
Structural and building code improvements will enhance the building’s condition, safety and ongoing viability;
Revitalization is to existing buildings.

Applications will be evaluated on a case-by-case basis with due consideration to the merits of the business case and the rehabilitation work proposed.

Revitalization Tax Exemption Information