City of Vancouver property taxes due today as well as Empty Home Tax declaration

February 2, 2021 | Posted by: Patrick Mulhern

DEADLINE FOR CLAIMING IS FEBRUARY 2, 2021

Vancouver homeowners are required to submit a declaration each year to determine if their property is subject to the Empty Homes Tax.

Properties deemed empty will be subject to a tax of 1.25% of the property’s 2020 assessed taxable value. Most homes will not be subject to the tax, as it does not apply to principal residences or homes rented for at least six months of the year.

Net revenues from the tax are being reinvested into affordable housing initiatives. Review the latest Empty Homes Tax Annual Report PDF file (821 KB) for more information on these initiatives

 

Empty Homes Tax

Vancouver homeowners are required to submit a declaration each year to determine if their property is subject to the Empty Homes Tax.

Properties deemed empty will be subject to a tax of 1.25% of the property’s 2020 assessed taxable value. Most homes will not be subject to the tax, as it does not apply to principal residences or homes rented for at least six months of the year.

Net revenues from the tax are being reinvested into affordable housing initiatives. Review the latest Empty Homes Tax Annual Report PDF file (821 KB) for more information on these initiatives

 

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