The deadline to apply for the BC Home Owner Grant is coming up on July 4, 2022! Here are some things you need to know when applying.
What is the Home Owner Grant?The home owner grant reduces the amount of property tax you pay for your principal residence.
The grant is available to homeowners who pay property taxes to a municipality, or to the province if they live in a rural area. If you pay your property taxes to a First Nation, contact the First Nation directly.
Most eligible property owners qualify for the regular grant (also called the basic grant).
On top of the regular grant, you may qualify for an additional grant if you are:
- A senior
- A veteran
- A person with a disability
- Living with a spouse or relative with a disability
- A spouse or relative of a deceased owner
The regular grant amount is $570 for properties located in the Capital Regional District, the Metro Vancouver Regional District and the Fraser Valley Regional District. For all other areas of the province the amount is $770.
If your property is assessed below the threshold and you meet certain requirements, you will receive the full regular grant amount. Properties assessed over the threshold may receive a partial grant (learn about the grant threshold).
Property owners must pay at least $350 in property taxes to help fund services such as road maintenance and police protection. This amount may be less if you qualify for the home owner grant as a senior, veteran or person with a disability. Your grant amount may be adjusted to ensure the minimum amount of annual taxes are paid.
Who Is Eligible for the Grant?To qualify for the grant:
- Be the registered owner of the residence (or a spouse or relative of the deceased owner)
- Be a Canadian citizen or permanent resident of Canada
- Live in B.C.
- Occupy the residence as your principal residence
The assessed or partitioned value of your property must not exceed the grant threshold
If you are buying or selling your property, ensure you meet all requirements before claiming the home owner grant.
How Do I Apply?It’s easy! Simply click HERE and walk through the instructions to apply for the home owner grant.
Application DeadlineProperty Taxes are always due the first business day of July. 2022 Property Taxes are due on Monday, July 4, 2022. Which also means applications for the BC Home Owner Grant are also due by July 4, 2022.
Property owners who haven’t received a tax notice should contact their municipal finance department.
New property owners who don’t receive a tax notice, or received a tax notice with the previous owners’ name(s) on it, should:
- contact the BC Land Title and Survey Authority at 604-630-9630 for a Certificate of Title to prove ownership; and
- complete the Home Owner Grant application available online in most municipalities.