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 Application
Permissive Tax Exemption Renewal Form
Permissive Tax Exemption Policy

2024 Permissive Property Tax Exemptions
Organization/ Property Owner	Address	2024 Municipal Tax Exemption
Boys & Girls Club	220 High Street	$8,735
Canadian Legion Branch #171	621 1st Avenue	$491
Island Corridor Foundation		$22,090
Ladysmith & District Historical Society	1115B - 1st Avenue	$3,650
Ladysmith & District Historical Society - Roundhouse	612 & 614 Oyster Bay Drive	$6,687
Ladysmith & District Historical Society - Museum	721 1st Avenue	$5,699
Ladysmith Fellowship Baptist Church	381 Davis Road	$1,838
Ladysmith Festival of Lights	1163 4th Avenue	$8,567
Ladysmith Golf Club Society	380 Davis Road	$4,281
Ladysmith Health Care Auxiliary	910 1st Avenue	$16,332
Ladysmith Maritime Society	616 Oyster Bay Drive	$3,473
Ladysmith Resource Centre Association	630 2nd Avenue	$5,851
Ladysmith Resource Centre Association	314 Buller	$26,177
Ladysmith Seniors Centre Society	630 2nd Avenue	$3,048
Ladysmith Senior Citizens Housing Society	207 Jamison Road	$4,318
Ladysmith Senior Citizens Housing Society	101 1st Avenue	$5,128
Municipal Parking lot	17 Roberts Street	$3,086
Municipal Parking lot	25 Roberts Street	$2,312
Pentecostal Assemblies	1149 4th Avenue	$3,280
St John's Masonic Temple	26 Gatacre Street	$2,698
St. Mary's Catholic Church	1135 4th Avenue	$9,620
United Church of Canada	232 High Street	$1,775
	Total	$149,137

Revitalization Exemptions
Mees, Adine and Van Seters, David	341 1st Avenue	$3,268
Atlas Shrugged Holdings	902 Ludlow Rd	$49,653
	Total	$52,921

	Total Exemptions	$202,058

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