BC SPECULATION TAX – IT’S TIME TO DECLARE

It’s that time of year once again when the BC Speculation Tax letters will be dropping into your mailbox.

Who needs to declare?

  • All residential property owners in the TAXABLE REGIONS must apply.
  • If a property has more than one owner, a separate declaration must be made for each owner.
  • Even if the other owners are family members or part of an estate, each owner needs to complete a declaration.

The Government claims that ‘99% of British Columbians are exempt’ from the tax so have your letter ready and LOG ON HERE to start you declaration.

The tax amount has changed from 0.5% to 2% for homeowners who are not exempt. To find out who is eligible for the exemption, check out the BC SPECULATION TAX website or call 1-833-554-2323.

Remember you must declare by March 31st 2020 in order to qualify for the exemption.

Contact Garry Voigt for more information 604 789 2140 or info@garryvoigt.com