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Sep 5, 2023 · Canada’s one-of-a-kind BC property tax calculator. Put the assessed value or your home's market value and our statistical models will be used to estimate the property tax.
Information about property taxes that are charged when you own, lease, purchase or gain an interest in a property.
Feb 16, 2021 · Select the appropriate tax rates for the desired service area and property class by clicking on the box to the right. When all the rates have been selected, click on any of the Calculate buttons to the right of the table.
To calculate your property taxes, multiply the taxable assessed value of your property by the property tax rate for your property class. Property taxes are collected by your local taxing authority.
Sep 5, 2024 · Every year property taxes are paid by owners and lessees for properties and manufactured home in B.C. Find out how to pay your taxes and learn about grants, exemptions and credits you may qualify for.
Sep 29, 2024 · How is property tax calculated in British Columbia? Property taxes are calculated based on the assessed value of your property as determined by BC Assessment. This value reflects the market value of the property as of July 1st of the previous year.
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Your previous assessed value was $450,000. Your property increased 40% in value, while the average increase for your property class is 30%. Since your property increased MORE THAN the average, you will likely see an increase in your property taxes. Click here to download pdf of the infographic explanation .