Half of Empty Homes Tax dec­la­ra­tions sub­mit­ted in Van­cou­ver

Asian Journal - - BRITISH COLUMBIA -

Van­cou­ver: The City is re­mind­ing all own­ers of res­i­den­tial prop­erty in Van­cou­ver that they are re­quired to sub­mit an Empty Homes Tax dec­la­ra­tion by Fe­bru­ary 4. As of Jan­uary 7, ap­prox­i­mately 50 per­cent (94,685) of own­ers have sub­mit­ted their dec­la­ra­tions.

Every owner of res­i­den­tial prop­erty in Van­cou­ver is re­quired to sub­mit a dec­la­ra­tion each year. On av­er­age, it only takes two min­utes to com­plete the on­line dec­la­ra­tion. Home­own­ers who fail to de­clare by the due date will have their prop­er­ties deemed va­cant and will be sub­ject to the Empty Homes Tax at a rate of one per cent of the prop­erty’s 2018 as­sessed tax­able value, as well as a $250 penalty. Pay­ment is due by April 12, or a five per­cent penalty will be ap­plied. How to sub­mit a dec­la­ra­tion:

There are a num­ber of ways that res­i­den­tial prop­erty own­ers can eas­ily sub­mit their Empty Homes Tax dec­la­ra­tions, in­clud­ing:

On­line. The on­line dec­la­ra­tion process is sim­ple and takes most peo­ple only a few min­utes to com­plete.

In per­son at City Hall. Res­i­den­tial prop­erty own­ers may visit City Hall where staff will be avail­able to as­sist them with on­line dec­la­ra­tions. City Hall reg­u­lar hours are 8:30am to 5pm.

Over the phone by call­ing 3-1-1. Res­i­den­tial prop­erty own­ers can de­clare by call­ing 3-1-1 be­tween 7am and 10pm daily (out­side Van­cou­ver: 604-873-7000) and speak­ing to a cit­i­zen ser­vice rep­re­sen­ta­tive. Trans­la­tion ser­vices are also avail­able at 3-1-1. Res­i­den­tial prop­erty own­ers can re­ceive tech­ni­cal and in­for­ma­tion sup­port for sub­mit­ting their on­line dec­la­ra­tion at any Van­cou­ver Pub­lic Li­brary lo­ca­tion.

Most prop­er­ties will not be sub­ject to the Empty Homes Tax, in­clud­ing in the fol­low­ing cir­cum­stances:

When a prop­erty is used as a prin­ci­pal res­i­dence by the owner, his/her fam­ily mem­ber or friend, or other per­mit­ted oc­cu­pier for at least six months of the year,

The home is rented for res­i­den­tial pur­poses for at least six months of the year in pe­ri­ods of 30 or more con­sec­u­tive days, or The prop­erty meets the cri­te­ria for one of the eight ex­emp­tions.

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