Dear Homeowners in BC,
You have two days to file the Speculation Tax Declaration, If you have not filed as of yet, please read below. (Due March 31, 2020)
If you own property in BC, you would have received a letter earlier this year for the speculation and vacancy tax, which is separate from Vancouver’s empty homes tax. You must declare for both taxes.
To declare you will need 2 numbers: Declaration Code + Letter ID.
The speculation and vacancy tax is an annual tax based on how owners use residential properties in major urban areas in B.C.
Everyone deserves an affordable place to call home, yet house prices and rent have skyrocketed out of reach for too many people. The provincial government is taking action to address this crisis through the annual speculation and vacancy tax, which will contribute towards:
- Turning empty homes into good housing for people who live and work in B.C.
- Supporting affordable housing initiatives
Find out more about how the speculation and vacancy tax applies to you.
Click here to view more.
How to complete your BC speculation and vacancy tax declaration: