 |
| |
Property Taxes
This section will provide you information about the various Property Tax Programs run by the Ministry of Finance:
Check out our What's New section for an index of recent updates on Property Taxes section (opens in new window).
1. Rural Property Tax |
Rural Property Tax applies to land outside cities, towns, districts and village boundaries in British Columbia. Rural property makes up 99.6% of British Columbia's land area.
|
2. Home Owner Grant |
The Home Owner Grant is one of three property tax assistance programs offered by the province.
|
3. Property Transfer Tax |
Property Transfer Tax is different from property tax. You pay Property Transfer Tax when you purchase or acquire an interest in a property.
|
4. School Tax |
Uniform school tax rates for the province are set each year for non-residential property class. Effective for 2009, an Industrial School Tax Credit will reduce the gross school tax levy by 50 per cent for classes 4 and 5 (major and light industry). In addition, the class 4 (major industry) school tax rate will be reduced to the class 6 (business and other) school tax level in 2009.
|
|
|
 |
|
|