Property Tax Deferment
Property tax deferment is a low interest loan program that helps qualified B.C. homeowners pay their annual property taxes on their principal residence. You can visit the BC Government website for more information and see if you qualify to Defer Your Property Taxes.
Home Owner Grant
The home owner grant reduces the amount of property tax you pay for your principal residence. The grant is available to homeowners that pay property taxes to a municipality or to the province if they live in a rural area. If you pay your property taxes to an Indigenous community, contact the Indigenous community directly. You can visit the BC Government website for more information on how to claim the Home Owner Grant.
Additional School Tax on High-Valued Properties
Starting in 2019, an additional school tax may be applied to residential properties valued at $3 million or more. The additional tax rate is:
- 0.2% on the residential portion assessed between $3 million and $4 million
- 0.4% tax rate on the residential portion assessed over $4 million
You can visit the BC Government's school tax website for more information on additional school tax.
Land Owner Transparency Registry
The Land Owner Transparency Registry is a publicly searchable registry of information about individuals who are deemed to have an indirect interest in land. If land is currently owned by a corporation, or through a trust or partnership, they must check if they are required to file with the registry. The registry is intended to end hidden ownership in B.C. Visit the BC Government website for more information and to find out if you need to file.