BTIPP - Cancel BTIPP
If you cancel your Business Tax Instalment Payment Plan (BTIPP) participation, all unpaid Business Improvement Area (BIA) tax is due immediately and subject to penalties in accordance with the Business Improvement Area (BIA) Tax Bylaw. To request the balance owing, contact Tax.
Written notification is required no later than the 22nd of the month prior to the next scheduled withdrawal to cancel your BTIPP participation for any reason including selling or closing your business. This is to ensure your bank account is not debited for the next instalment. Cancellation requests received after the 22nd of the month will be processed after the upcoming withdrawal.
If you have missed the 22nd of the month deadline for cancellation, your bank account will be debited for the next instalment.
Cancel BTIPP using our secure online form
BTIPP - Move, close or sell a business
Notify the Planning Services Centre (see Business Changes) when moving, closing or selling your business, or changing the mailing address, ownership, trade or registered name.
What happens to BTIPP when I move my business?
Notify the Planning Services Centre (see Business Changes) prior to moving. This allows us to make adjustments to your tax levy for the current year resulting from the move.
What happens to BTIPP when I close or sell my business?
You should cancel your BTIPP participation. You must also notify the Planning Services Centre (see Business Changes) prior to closing or selling your business and provide a forwarding address so we may send you an adjusted tax notice.
If your adjusted tax results in a credit balance contact Tax to request a refund. Any unpaid BIA tax remaining after adjustment is due and subject to penalties in accordance with the Business Improvement Area (BIA) Tax Bylaw.