Penalty for late property taxes to be deferred 60 days
The Maui News
Real property taxes due on Feb. 20 will not be assessed a 10 percent penalty through April 21, the county announced Monday.
Mayor Michael Victorino authorized a 60-day deferral for the penalty to help taxpayers with the financial impacts of the pandemic, according to a news release. However, the standard 1 percent monthly interest charge for unpaid balances will apply.
The deferral only applies to property taxes due Feb. 20. To avoid the penalty, taxpayers must submit payments in full by April 21. Any outstanding balance owed as of April 22 will be assessed the 10 percent penalty.
One percent interest on unpaid balances after Feb. 20 will not be waived. Interest will accrue monthly beginning March 1 and continue until the balance is paid.
All payments must be sent to County of Maui, Department of Finance Treasury Division, Real Property Tax Collection, 110 Ala’ihi Street, Suite 108, Kahului, HI 96732.
The Real Property Tax Collections Office is open from 8 a.m. to 4 p.m. Monday through Friday and can be reached at 270-7697.
For more information, visit www.mauipropertytax.com.