Corporate Taxes
The corporate tax structure in Ontario is extremely competitive, encouraging business investment and creating an environment for business to succeed.

Click here to learn more about corporate taxes in Ontario

Property Tax
Richmond Hill has a competitive and comparatively low property tax rate in the Greater Toronto Area (GTA).  The total tax is determined by multiplying the assessed value of a property as determined by the Municipal Property Assessment Corporation (MPAC) by the applicable tax rate.

Click here for more information about property taxes in Richmond Hill

Development Charges
Development charges are intended to offset the costs of creating new hard services (roads, water lines, sanitary sewers etc.) and soft services (police, libraries, transit, etc.) that result from new developments.

Click here to view Richmond Hill´s non-residential development charges

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Financial Status Report
The Town of Richmond Hill has maintained a reputation as one of the most fiscally managed communities in both the GTA and Canada.

In addition, the Town maintains a level of cash reserves that is envied by neighboring municipalities. As a result, Richmond Hill is able to maintain and improve upon existing service levels and is well positioned to meet the challenges and initiatives of the future without over-burdening tax payers.

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