Deadlines and penalties
Important dates for 2022
|Date||What's due?||Penalty for missed date|
|August 1||Tax and Utility Prepayment Plan (PAWS) deductions start|
|September 1||Last day to pay for 2022 property tax and annual utility payments before additional penalty applies||Additional 5% *|
|September 26||Tax sale date|
|December 31||Any balance for 2022 still outstanding after today will be moved into arrears||Daily interest on balance|
* Provincial legislation mandates that a 10% penalty is applied to unpaid property taxes in the current year.
Help with property taxes if you are facing financial hardship due to COVID-19
If your financial situation means you may not be able to pay your property taxes on time, please consider deferring your property taxes. Claiming your homeowner grant and making a partial payment towards your outstanding balance will also help to minimize any penalties. You may also qualify for COVID-19 financial assistance programs through the provincial and federal governments.
What happens if you do not pay your property taxes on time
Late payment penalties of up to 10% will be applied to outstanding balances.
Unpaid tax balances will be placed in arrears at the end of the calendar year. If the balance continues to be unpaid at the end of the following calendar year, your account will be considered delinquent.
Accounts in arrears or delinquent are subject to daily interest charges. There is also a risk that your property will be sold at auction to recover taxes owing.
If you find yourself with outstanding taxes, please contact us to discuss your situation. Our goal is to help you bring your tax account into good standing. Call 604.990.2488.
Example late fees, interest, and other penalties: Residential and utility properties
Here is an example of how an unpaid balance would be handled, based on a 2022 tax bill:
|Your 2022 bill is not paid by the first working day in July, 2022||We charge a 5% late penalty|
|Your 2022 bill plus 5% late penalty is not paid by the first working day in September, 2022||We charge a second 5% late penalty|
|Your 2022 bill plus late penalties is not paid by December 31, 2022||We move your balance to arrears on January 1, 2023 and begin charging daily interest|
|Your 2022 tax bill, late penalties, and interest accrued during 2023 is not paid by December 31, 2023||We consider your balance delinquent on January 1, 2024 and continue charging daily interest|
|Your 2022 tax bill, late penalties, plus interest accrued during 2023 and 2024 is not paid by the last Monday in September, 2024||Your property would be sold at a tax sale in late September of 2024 to recover the outstanding tax balance and any interest|
How to avoid paying penalties, interest, or fees
To avoid interest charges and fees on late payments, be sure that, by the due date, you:
- pay your net taxes and utility charges to the District Tax Office
- apply for your home owner grant on the Province of BC's website (if eligible)
- submit your property tax deferment application directly to the Ministry of Finance
Fees for returned cheques
Cheques rejected by your financial institution for any reason are considered non-payment of taxes and are subject to applicable penalties and interest charges. In addition, the District will charge an administrative fee for each rejected payment.