Property Taxes
Your annual property tax bill covers the period of January 1 to December 31. The Town of Olds mails combined Property Assessment and Taxation notices mid-May of each year.
Non-Residential Tax Incentive Program
Beginning February 1, 2023, eligible businesses may apply to this program. Eligibility criteria include:
- Growth in municipal property assessment of a building by at least $100,000
- Employ at least 2 full time people (or equivalent)
- Submitting an Application Form for approval
Your Notice Explained
We believe it is important for you, as a property owner, to fully understand the information shown on your tax notice.
View our Interactive Combined Tax and Assessment Notice and click on the blue circles for an explanation.
Important Dates To Remember
| DATE | INFORMATION |
| Mid-May | Property Assessment and Taxation notices are mailed |
| June 30 | Property Taxes are Due |
| 60 days from Notice of Assessment Date | Assessment Complaint Deadline |
| July 1 | 5% Penalty on any Current Unpaid Taxes |
| September 1 | 5% Penalty on any Current Unpaid Taxes |
| November 1 | 5% Penalty on any Current Unpaid Taxes |
| January 1 | Any Unpaid Taxes Become Arrears |
| 1st Day of Each Month | 1.25% Penalty on Arrears |
Contact Us
Town of Olds
3501 70 Avenue
Olds, Alberta, Canada
T4H 1L7
Phone: 403-556-6981
Email: admin@olds.ca
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