To build a great community, you need: 1. Vision, 2. People, and 3. Revenue. That’s a fact.

The good news for businesses and residents is that when it comes to Alberta and Big Lakes County, taxes are comparably low or average, but the quality of life is high. In Big Lakes County, we put your money back to work for you so that you have the best residential and commercial services possible.

Federal and Provincial Tax

When it comes to taxes Alberta has some of the greatest advantages in the country, including no provincial sales tax, no payroll tax, no health care premiums, and lower than average personal tax rates than the rest of Canada. In addition, corporate taxes are set at competitive levels with other provinces in Canada – 12 per cent for general businesses and 2 per cent for small businesses with income up to $500,000.

General Business ($500,000+) Small Businesses
Federal 15.0% 10.0%
Alberta 12.0% 2.0%
Total 27.0% 12.0%

Municipal Tax

Big Lakes County collects property taxes from residential property, non-residential property (commercial and industrial), farmland, and on machinery and equipment. The mill rates are listed below. The mill rate is the amount of tax payable per dollar of the assessed value of a property. The municipal property tax is calculated by multiplying the assessed property value and the mill rate and dividing by 1,000.

Property Type Tax Rate
Residential 4.435%
Farmland 4.435%
Non-residential 14.720%
Machinery & Equipment 14.720%