Homestead Exclusion
Save on Your Township Real Estate Taxes
Upper Gwynedd Township is one of a few communities in Montgomery County which offers a Homestead Exclusion on Township Real Estate Taxes. This exclusion enables qualified property owners to benefit from a reduction in their Township real estate tax through Act 50 of the Commonwealth of PA.
To qualify for the Homestead Exemption, the property must be the owner's primary residence and be owner-occupied.
Currently, Upper Gwynedd is offering a $30,000 exemption on the assessed valuation of your property. For example, qualifying property owners whose property is assessed at $200,000 would pay Township real estate tax on $170,000 of the assessed valuation.
Those individuals who have already enrolled in the Homestead do not need to reapply.
If you have not previously applied, you must do so on or before March 1st in order to qualify for the exemption in subsequent years' tax bills. For example, applications which are received on or before March 1, 2006 will qualify for a reduction in their Township real estate for 2007.
Applications are made to and are approved by the Montgomery County Board of Assessment Appeals. Applications are not to be submitted to Upper Gwynedd Township
To obtain an application please click the link below. Copies of the application are also available at the Upper Gwynedd Township Administrative Office, Parkside Place, North Wales.
More information concerning Act 50 is available at the Montgomery County website and search for Act 50: www.montcopa.org
Follow the instructions that are after the application as how to fill out the form and the address to send it to for the County to receive it.