60-day extension authorized for the deferral of a 10% penalty on property taxes due February 20, 2021
January 25, 2021, 1:54 PM HST
Mayor Michael Victorino has authorized a 60-day deferral of the 10% penalty for property taxes due February 20, 2021. The assessment of the penalty will be deferred until April 21, 2021, to help address the financial impacts of the COVID-19 pandemic.
Taxpayers can make property tax payments from February 20 to April 21, 2021, without incurring the 10% penalty. However, the standard monthly interest charge of 1% for outstanding balances will apply.
“We don’t want to penalize our residents and businesses who are unable to pay their full amount when it is due,” Mayor Victorino said. “We think deferring penalties can help those who need a little extra time to pay their property tax.”
Details of the 10% penalty deferral include:
- The deferral concerns the 10% penalty for property taxes due on February 20, 2021 only.
- To avoid the 10% penalty, taxpayers must submit payments in full by April 21, 2021. Any outstanding balance due by April 22, 2021 will be assessed the 10% penalty.
- One percent interest on outstanding balances after February 20 will not be waived. Interest will accrue monthly beginning March 1 and will continue until the balance is paid.
All payments can be sent to: County of Maui, Department of Finance, Treasury Division, Real Property Tax Collection, 110 Alaʻihi Street, Suite 108, Kahului, HI 96732.
The Office of Property Tax Collections is open from 8 a.m. to 4 p.m. Monday to Friday. The phone number is (808) 270-7697. More information is available at www.mauipropertytax.com