See the responses to questions regarding the conjecture and vacancy income tax, including the exemptions perhaps you are qualified to receive and exactly how to declare and spend the taxation.
What’s the conjecture and Vacancy Tax?
What’s the vacancy and speculation taxation?
The conjecture and vacancy income tax is definitely a yearly taxation compensated by some owners of domestic properties in designated taxable parts of B.C.
The taxation was created to discourage housing speculation and individuals from making houses vacant in B.C. ’s major metropolitan centres. Significantly more than 99percent of Uk Columbians are likely to be exempt through the income tax.
All investment property owners when you look at the taxable areas must complete a statement, regardless if they are entitled to an exemption.
Note: The conjecture and vacancy income tax is distinct through the empty houses taxation in the City of Vancouver.