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

2023 Permissive Property Tax Exemptions
Organization/ Property Owner	Address	2023 Municipal Tax Exemption
Boys & Girls Club	220 High St	$7,982
Canadian Legion Branch #171	621 1st Ave	$ 306
Island Corridor Foundation		$17,510
Ladysmith & District Historical Society	1115A - 1st Ave	$ 3,442
Ladysmith & District Historical Society - Roundhouse	612 & 614 Oyster Bay Dr	$ 5,642
Ladysmith & District Historical Society - Museum	721 1st Ave	$ 5,537
Ladysmith Fellowship Baptist Church	381 Davis Rd	$ 1,432
Ladysmith Festival of Lights	1163 4th Ave	$ 8,081
Ladysmith Golf Club Society	380 Davis Rd	$ 3,306
Ladysmith Health Care Auxiliary	910 1st Ave	$ 15,818
Ladysmith Maritime Society	616 Oyster Bay Dr	$2,896
Ladysmith Resource Centre Association	630 2nd Ave	$5,664
Ladysmith Resource Centre Association	314 Buller	$ 20,917
Ladysmith Seniors Centre Society	630 2nd Ave	$2,951
Ladysmith Senior Citizens Housing Society	207 Jamison Rd	$4,124
Ladysmith Senior Citizens Housing Society	101 1st Ave	$ 4,931
Municipal Parking lot	17 Roberts St	$ 3,037
Municipal Parking lot	25 Roberts St	$ 2,263
Pentecostal Assemblies	1149 4th Ave	$2,785
St John's Masonic Temple	26 Gatacre St	$2,478
St. Mary's Catholic Church	1135 4th Ave	$ 8,617
United Church of Canada	232 High Street	$ 1,482
	Total	$131,201

Revitalization Exemptions
Mees, Adine and Van Seters, David	341 1st Ave	$ 3,561
Antique Addict - Joy/Goldie	12 Roberts St	$ 456
	Total	$ 4,017

	Total Exemptions	$ 135,218

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