Tax Time for Vancouver's North Shore Property Owners

(June 09, 2014 , posted in Community misc)

Posted in June's North Shore Real Estate Blog on May 24, 2014



Tax bills for North Shore property owners should be in the mail box soon!

Tax payments are due July 2nd and the District of West Vancouver, City of North Vancouver and the District of North Vancouver offer property owners many ways to to pay property taxes on time to avoid penalty:


A grant is availalbe to qualified BC residents that pay property taxes to a municipality or the province in a rural area. The home owner grant reduces the amount of property tax you pay for your principal resident from $575 to $845. To find out what you qualify for as a BC resident click here.

Note, if you qualified for the grant last year and did not apply, you have one year to claim the grant retroactively.

For the 2014 tax year, the grant is reduced by $5 for each $1,000 of assessed value over $1,100,00. This means the regular grant is eliminated on homes assessed at $1,214,000 or more. The additional rant is eliminated on homes assessed at $1,269,000 or more.

For the 2014 tax year, the regular grant with the Northern an Rural Home Owner Benefit (NRAHOB) is eliminated on homes assessed at $1,254,000 or more, and the additional grant with a NRAHOB is eliminated on homes assessed at $1,309,000 or more. For more info on qualificiations click here.

Below is a graph showing how the North Shore's West Vancouver, City of North Vancouver and North Vancouver District 2013 taxes and utility levies compared to other Vancouver area municipalities:


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