Community Preservation Act Exemption
The next two exemptions apply to elderly and low-income families. Families eligible for these exemptions will not be subject to the CPA surcharge tax. To qualify, your income must be below specified levels, and you must submit an application along with a copy of your most recent year's tax return. Income qualification considers all sources, and it must fall below the thresholds listed in the table below. The surcharge will be reflected on the January tax bill if application is received. To receive the exemption, you must submit your application by April 1, 2025.