Wednesday, September 03, 2008

Property Tax

I just got my property tax bill today and I'm a bit confused by it. The total is due in 2 equal parts, the first on 1 October 2008 and the second on 1 March 2009. That part I understand. Then it goes on to say "For tax amounts more than $100, if the entire amount is paid in full by 31 December 2008, no interest is charged."

This leads me to believe that I will be charged interest if I follow their instructions and pay it in two parts. What do you think?

1 comment:

Tim B. said...

Have you paid your Property Tax yet? I think you're right with your thinking. I have a council rates bill (Australian) which I can pay upfront or in 4 qtrly installments. The upfront payment is always cheaper than the 4 qtrly's added together. I tend to go for the upfront option.... less hassle.