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Property Taxes
This section will provide you information about the various Property Tax Programs run by the Ministry of Small Business and Revenue:
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.
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2. Home Owner Grant |
The Home Owner Grant is one of three property tax assistance programs offered by the province.
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2. Property Transfer Tax |
Property Transfer Tax is different from property tax. You pay PTT when you purchase or acquire an interest in a property.
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3. School Tax |
A separate residential tax rate is set for each school district according to the province's residential school tax rate formula, which has been used since 1991. That formula automatically reduces tax rates as the average property value rises.
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