Guidelines:
- Properties eligible for the small business sub-class are those, other than designated industrial properties, that are owned or leased by a business who:
- Operate under a valid business license or have proof of an approved business licence exemption from the Town of Vegreville;
- Employ fewer than 50 full-time employees within Canada as of November 30 of the preceding tax year; and
- Generate active business income from its operations.
- In general, leased premises do not qualify for the small business subclass as they do not generate active business income. In the event the property is leased to a business that would otherwise qualify as a small business, the property may be eligible for the small business sub-class. Under Bylaw 08-2021 and Policy FIN-6008 it is the property owner’s responsibility to provide the Town of Vegreville with an Annual Small Business Declaration from each of the businesses that are leasing their property annually and submit them to the Town Office by the specified time.
- The Annual Small Business Declaration form (below) must be completed and received by the Town of Vegreville no later than 4:30 PM on the last working day of December each year.
- If the form is received after the last working day in December each year it will not qualify for the small business tax rate in the subsequent year.
- This declaration is not applicable to Home Based Businesses.
Fill Out and Submit the Annual Small Business Declaration:
IMPORTANT: If you do not receive a confirmation email after submitting your declaration form, please contact our office at 780-632-2606.