It is special tax exemption period
Photo: Colin Dacre
It’s time to file these exemptions from BC’s speculative property tax.
West Kelowna and Kelowna are the only two tax-affected BC Interior municipalities that collect money from outside the province and those who own vacant homes.
Most homeowners should receive their declaration package by the end of February. West Kelowna and Kelowna are sending out their packages on 8/9 February.
All property owners must complete the declaration, which can be completed online in less than 10 minutes.
More than 99% of British Colombians are expected to be exempt from paying taxes.
Homeowners have until March 31, 2022 to complete their statement. If the owners are not exempt, they must pay their assessed amount no later than 2 July 2022. From this year onwards, fines can be imposed on all owners who do not pay before the due date.