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Vancouver Empty Home Tax Summary

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Vancouver Empty Home Tax | Vancouver Vacancy Tax | Dexter Property Management 

Property Status Declaration: Starting January 2017 and due by February 2, 2018

Empty Homes Tax Payment: Due by April 16, 2018 for 2017 Tax Year

Unpaid tax added to Property tax bill: December 31, 2018

Tax will be equal to 1% of the property’s assessed value

 

Properties not subject to Empty Home Tax:

  • Being used as a principal residence by the owner or his/her family member
  • Rented for a total of 180 days of the year, in periods of at least 30 consecutive days
  • Meeting the criteria for one of the permissible exemptions listed below

 

Permissible Exemptions:

  • Your home is being used a minimum six months of the year for work purposes within the City of Vancouver, with your principal residence elsewhere
    • Must provide address of your principal residence, contact information for Vancouver employer, letter from Vancouver employer confirming full time employment status and required physical presence for purposes of work
  • You or your tenant is receiving long-term, in-patient, medical or supportive care
    • Contact information for care facility and letter from care facility confirming property owner is under-going care
  • The owner is deceased and a grant of probate or administration is pending
    • Provide copy of death certificate
  • The ownership of the property changed during the year
    • Provide a copy of the contract of purchase and sale
  • The property is undergoing major renovations, or is under construction or redevelopment and permits have been issued
    • Short description of redevelopment and permit number
  • The property was subject to strata rental restrictions as of November 16, 2016
    • Provide copy of strata bylaws and letter from strata council confirming rentals are at the maximum and the property in question is on the waiting list
    • Any strata bylaw enacted after November 16, 2016 will not allow for an exemption by the property owner
  • The property is under a court order prohibiting occupancy
    • Provide a copy of the court order
  • The property’s use is limited to vehicle parking or the shape, size or other aspect of the property precludes the ability to construct a residential building

 

Penalties and Fines:

  • Failure to self-declare will result in the tax applied in the year following, with the amount added to the property tax bill
  • Late and unpaid Empty Home Taxes are subject to late payment penalty of 5%, daily interest on arrears and the tax sale process
  • False declarations will result in fines up to $10,000 per day in addition to payment of the tax
  • Properties may be audited and documentation and support of exemptions will be requested

City of Vancouver Empty Home Tax PDF

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