HomeMy WebLinkAboutNR091520FD
THE COUNTY OF KAUA‘I
DEREK S. K. KAWAKAMI, MAYOR
MICHAEL A. DAHILIG, MANAGING DIRECTOR
News Release
For Immediate Release: September 15, 2020
DEPARTMENT OF FINANCE
REIKO MATSUYAMA, DIRECTOR
Tel (808) 241-4200
Fax (808) 241-6529
Real property tax exemptions, tax credits available
LĪHU‘E – The County of Kaua‘i is announcing that 2021 Real Property tax exemptions or
tax credits are available.
If you are a primary resident of Kaua‘i and are not currently receiving a home exemption
or tax credit, you may be eligible to file a claim to reduce the real property taxes on your home.
To qualify for a home exemption, you must occupy your property as your principal home and
hold no other property exemption anywhere in the world. For the exemption or tax credit to be
effective in the next year 2021-2022, the claim must be filed by Sept. 30, 2020.
Others who may be eligible for an exemption or tax credit and are affected by the
Sept. 30, 2020 deadline include totally disabled veterans, property owners who are deaf, blind
or totally disabled, nonprofit organizations, low and moderate-income housing projects, property
owners with eligible safe rooms, kuleana owners, and an additional home exemption relating to
owner-occupants’ income. Tax credits programs include home preservation tax limitation and
the very low income tax credit. The Long Term Affordable rental program allows for application
of the lowest tax rate for eligible landlords.
If there any questions regarding the 2021- COVID-19 Relief rollover of an existing 2020
Low Income exemption or 2020 Tax Credit or the continuing status of a multi-year lease
agreement you are strongly urged to contact our office or file prior to the deadline.
In order to qualify for Tax Relief, the document by which the property was acquired (i.e.,
deed, lease, agreement of sale, etc.) must be recorded at the Bureau of Conveyances on or
before Sept. 30, 2020. To expedite the filing process, the claimant should know the tax map
key number of the property.
A change in ownership or use, such as the sale or rental of the property, voids the
exemption and must be reported to the assessor within 30 days. Failure to notify the assessor
of any change to current tax relief status subjects the claimant to back taxes and a civil penalty
for each year that the change remains unreported.
Exemption or tax credit claim forms are available at 4444 Rice St., Suite 454, Līhu‘e,
Kaua‘i, Hawai‘i, 96766 or on our website www.kauaipropertytax.com. (click on Forms &
Instructions). For additional information, call 241-4224.
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