Out-of-country owners of waterfront homes on the Saanich Peninsula fear they may have to sell if the Province enacts its speculation tax. (Steven Heywood/News Staff)

More than 80% of B.C. speculation and vacancy tax declarations submitted

Registration can be done at a dedicated website or by phoning 1-833-554-2323 before March 31

A majority of B.C. homeowners have completed their speculation and vacancy tax forms ahead of the March 31 deadline.

The province said Friday that 80 per cent of the declarations have been finished, with nine-in-ten completed online.

The forms must be filled out by property owners who have homes or extra properties in regions where the taxes are in effect. Every homeowner must register to opt out of the 0.5-per-cent tax.

Registration can be done at this website, or by phoning 1-833-554-2323. The process takes up to 20 minutes.

READ MORE: Seniors with unrentable homes in Belcarra, B.C., face huge speculation tax bills

After the deadline, those who are not exempted will have until July 2 to pay the tax.

The propert tax applies to Metro Vancouver, Greater Victoria, and the municipalities of Nanaimo, Lantzville, Abbotsford, Chilliwack, Mission, Kelowna and West Kelowna.

Like us on Facebook and follow us on Twitter.

Just Posted

Margaret Atwood coming to UVic to discuss ‘The Handmaid’s Tale’ sequel

‘The Testaments’ comes 34 years after release of famous novel, now a Hulu series

EDITORIAL: Summer camp offers a return to imagination

Put down the phone and unleash the potential within yourself

Indonesian artist coming for Quadra Island residency

Ipong Purnama Sidhi will arrive this week for one month stay with two local artists

B.C. group on the hunt for Cadboro Bay sea monster

British Columbia Scientific Cryptozoology Club investigating reports of Cadborosaurus

Kelowna RCMP interrogation video brings home reality in ‘visceral way’: former TRC chairman

Video of Mountie interrogating young Indigenous woman disclosing sexual abuse under fire

RCMP arrest violent offender on Vancouver Island

Campbell River police struggle with suspect and take him down with a taser

B.C. ferry stops to let black bear swim past near Nanaimo

Queen of Oak Bay brakes for wildlife in Nanaimo’s Departure Bay

Canadian killed in Honduras plane crash

The crash happened in the Roatan Islands area, according to officials

Mother dead, child in critical condition after carbon monoxide poisoning at Shuswap campground

The woman was found unresponsive insider her tent and the youth was taken via air ambulance to hospital

Canada’s parole officers say correctional system has reached breaking point

About half of Canada’s federal parole officers work inside penitentiaries and correctional institutions

Montreal researchers create audible hockey puck for visually impaired players

Three years ago, Gilles Ouellet came up with the idea for a puck that makes a continuous sound

Former B.C. Greyhound bus drivers head to Penticton for goodbye party

Big bash runs until Sunday, funded by drink cans left behind on busses over the years

Boy, 12, arrested after allegedly pulling a knife on another child at a Surrey park

The child was later released into his parents’ custody as Surrey RCMP continue their investigation

Most Read