Tuesday, June 15, 2010

Small Business Taxes in the Cariboo-Chilcotin

The Canadian Federation of Independent Business (CFIB) has just released a study comparing small business tax rates levied by municipal governments in the Cariboo Regional District:

District of Wells:

Small Business Burden Change since 2003 - Up
Rank of 160 Municipal Portion - #77 of 160 (#1 is worst, #160 is best)
House Value - $51,320
Residential Taxes Paid - $556
Small Business Taxes Paid - $1286
Total Gap in 2003 (Small Business to Residential) - 2.05
Total Gap in 2009 (Small Business to Residential) - 2.31

City of Quesnel

Small Business Burden Change since 2003 - Up
Rank of 160 Municipal Portion - #92 of 160 (#1 is worst, #160 is best)
House Value - $144,637
Residential Taxes Paid - $1573
Small Business Taxes Paid - $3536
Total Gap in 2003 (Small Business to Residential) - 1.96
Total Gap in 2009 (Small Business to Residential) - 2.25

City of Williams Lake:

Small Business Tax Burden Change since 2003 - Up
Rank of 160 Municipal Portion - #139 of 160 (#1 is worst, #160 is best)
House Value - $179,907
Residential Taxes Paid - $1984
Small Business Taxes Paid - $4293
Total Gap in 2003 (Small Business to Residential) - 1.84
Total Gap in 2009 (Small Business to Residential) - 2.16

District of 100 Mile House:

Small Business Burden Change since 2003 - Up
Rank of 160 Municipal Portion - #132 of 160 (#1 is worst, #160 is best)
House Value - $166,172
Residential Taxes Paid - $1666
Small Business Taxes Paid - $3720
Total Gap in 2003 (Small Business to Residential) - 1.83
Total Gap in 2009 (Small Business to Residential) - 2.16

2 comments:

Anonymous said...

im assuming, as you didnt include it in your lead in, that these totals are mean averages?

Steve Forseth said...

Yes, you're right to remind me that the figures I've provided are averages as invididual circumstances are based on our taxation system which is the mill rate for the different tax classes times the actual property assessment