Penalty

 Merritt BC was incorporated in 1911, local business collect and remit a lot of taxes to keep a City running. Photo KDG

Merritt BC was incorporated in 1911, local business collect and remit a lot of taxes to keep a City running.
Photo KDG

July the 2nd was the last day for 2013 tax’s to be paid to keep you current, with the city starting today there is a 10 percent penalty added to the bill. After three years of non payment your property will go on the Tax sale list and will be offered for sale for the back tax’s. There is a further redemption period after a tax sale so it is only a done deal when the tax sale is set aside  by your redemption of  a current state.

There was a steady stream of people paying tax’s at the city hall yesterday morning. If you have a mortgage on your property most often your taxes are in your mortgage payment calculation and are paid by the mortgage holder. this arrangement keeps most properties out of tax tardiness.

Today in history: July 3rd 1884

Dow and Jones publish their first stock average.

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