Property Tax Deferment Programs

Property Tax Deferment is a low-interest loan program that assists qualifying homeowners in British Columbia in paying the annual property taxes on their principal residences.

There are two tax deferment programs which are:

1. The Regular Program which is for property owners who are 55 years or older, a surviving spouse or a person with disabilities as defined by regulation.
2. The Families with Children Program which is for property owners who financially support a dependent child.

Property Tax Deferment is administered by the ministry in conjunction with the Municipal Tax Collectors and the Surveyor of Taxes (in rural areas).