What is BC Property Tax Deferment Tax Program?
It is a loan program allowing you to defer your annual property taxes if:
1/ You are a Canadian Citizen or Permanent Resident in BC for at least 1 year.
2/ You or your spouse is 55 or over; or you are a surviving spouse; or you are a person with disability.
3/ You maintain minimum equity of 25% of the current BC Assessment value on your home.
4/ You have adequate fire insurance policy for an amount not less than the current BC Assessment value.
5/ You are living and conducting your daily activities at your house.
To Apply: Pick up FIN 51, an Application And Agreement For Deferment Of Property Taxes from your City Hall or Service BC Centre or go to this website: http://www.sbr.gov.bc.ca/individuals/Property_Taxes/Property_Tax_Deferment/forms.htm
It is a loan program allowing you to defer your annual property taxes if:
1/ You are a Canadian Citizen or Permanent Resident in BC for at least 1 year.
2/ You or your spouse is 55 or over; or you are a surviving spouse; or you are a person with disability.
3/ You maintain minimum equity of 25% of the current BC Assessment value on your home.
4/ You have adequate fire insurance policy for an amount not less than the current BC Assessment value.
5/ You are living and conducting your daily activities at your house.
To Apply: Pick up FIN 51, an Application And Agreement For Deferment Of Property Taxes from your City Hall or Service BC Centre or go to this website: http://www.sbr.gov.bc.ca/individuals/Property_Taxes/Property_Tax_Deferment/forms.htm
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