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Learn about the annual tax for owners of residential properties in B.C. affected by the housing shortage crisis. Find out how to declare, pay, appeal, and get exemptions or credits.
- How to Declare
The speculation and vacancy tax declaration letter we sent...
- Frequently Asked Questions
The speculation and vacancy tax is an annual tax paid by...
- Get Help With The Speculation and Vacancy Tax
To speak with an agent about the speculation and vacancy...
- Exemptions
Some entities are always exempt from the speculation and...
- How The Tax Works
The speculation and vacancy tax has an annual declaration...
- When to Expect Your Letter
Speculation and vacancy tax letters will be mailed in...
- Individuals
Properties that include a licensed and operating daycare for...
- B.C. Residents
The tax credit cannot be carried forward to future years or...
- How to Declare
Learn how to declare your property's occupancy status, file a complaint, or appeal the tax. The Vacant Home Tax is a one per cent or three per cent of the CVA for properties vacant for more than six months in Toronto.
Learn about the federal 1% tax on vacant or underused housing in Canada that took effect on January 1, 2022. Find out who must file a return and pay the tax, how to calculate and pay it, and where to send it.
Understanding the Vacant Unit Tax. Background, application, exemptions, ownership changes, compliance, FAQs...
Learn about the Empty Homes Tax (Vacancy Tax) that applies to Class 1 Residential properties in Vancouver. Find out how to declare your property, exemptions, penalties, and more.
Dec 19, 2022 · Learn about the Underused Housing Tax, Vacant Home Tax, and Vacant Unit Tax, which apply to different types of residential properties in Canada. Find out who must file, pay, or claim exemptions for these taxes and how they affect property owners.
Apr 1, 2022 · What Is a Vacancy Tax. The vacancy tax will apply to all residential homes that are underused or not used as the owner’s principal residence. The current tax rate, which is still only a recommended rate, is 1% of the house or property’s current value assessment.
