As part of the 2017-18 Budget, a key change to the Education Property Tax (EPT) system is that EPT collected by municipalities will be paid to the provincial government’s General Revenue Fund instead of to school divisions. Your monthly EPT return will now be filed electronically with the Ministry of Finance starting with the January 2018 monthly EPT return. This is the return for EPT collected in January 2018. The due date for monthly EPT statements has not changed. The January 2018 EPT return is due by February 10, 2018.
Municipalities will be using the Saskatchewan Electronic Tax Service (SETS) to file their monthly EPT returns. This is the single place to file the monthly EPT returns. EPT returns will also be sent to separate school divisions and to the Ministry of Education when a municipality is collecting EPT for a separate school division that has established the EPT rates by bylaw. Municipalities will continue to collect and remit funds to the separate school board directly when a bylaw is in place.
User ID and passwords for the SETS have been mailed to each municipality. Municipalities are encouraged to log-in and test filing a return using SETS during the month of November. Please contact the Ministry of Finance at 1-800-667-6102 or email SaskTaxInfo@gov.sk.ca with any SETS related questions.
Letters were sent in October to each municipality which contained a link to The Tax Client Readiness Kit. The kit contains important information that you will need to prepare for the changes that will take place on January 1, 2018. Please review it carefully as there are items that will require your attention.
In addition, you received an email regarding the two lunch and learn webinars offered on Tuesday, November 14 and Wednesday, November 22. The webinars will be one hour in length and will start at noon. The topics covered will include:
- A general overview of the upcoming changes.
- An actual demonstration of how to navigate and file a monthly EPT return in SETS.
- Options for submitting monthly EPT payments to the province.
- Examples of how fines and penalties will be calculated for late payment or submissions.
You can register online now for the “Changes to Education Property Tax” webinar scheduled for Wednesday, November 22 if you did not register or attend the November 14 webinar. After registering, you will receive a confirmation email containing information about joining the webinar.
2017 Monthly Returns (Form H2)
The EPT that municipalities collect in December 2017 will be remitted directly to school divisions in January 2018. The December 2017 monthly EPT return will be filed using the existing process. Please complete Form H2 and send a copy of the form to the appropriate school division and the Ministry of Government Relations. The December 2017 monthly EPT return is due on January 10, 2018
2017 Annual EPT Return (Form H)
The 2017 annual EPT return will be filed using the existing process. Please complete Form H and send a copy of the form to the appropriate school division and the Ministry of Government Relations. The 2017 annual EPT return is due on January 15, 2018.
Beginning January 1, 2018, the Interim return, usually submitted in September, is no longer required at all.