Accounting Services, Vancouver
March 12, 2020

BC Speculation & Vacancy Tax

BC Speculation and Vacancy Tax

The deadline to declare your property is March 31, 2020. If you received a letter in the mail, simply go online to complete the declaration.   https://www.etax.gov.bc.ca/SVT/_/

If you did not receive a letter, you will need to call to get the declaration code number and letter ID. 1-833-554-2323 toll-free

Don't forget that ALL owners listed on the property must call and declare. For example, if you and your partner BOTH own the property, you must BOTH call or go online and declare ownership separately. 

**Reminder- THIS tax is separate from the "Vancouver Empty Homes Tax"

Below are additional helpful links from the BC Government, if you need any further information. 

BC Government Official site: https://www2.gov.bc.ca/gov/content/taxes/speculation-vacancy-tax

Video: https://youtu.be/ffX9joEXXE8

 

Crystal Cahill

Crystal Cahill is responsible for the social media and marketing at Cahill CPA. Crystal completed her Bachelor of Arts Degree at Simon Fraser University in English, and has an Education Degree and teaching certification. She enjoys keeping clients updated on new accounting practices, upcoming tax deadlines, and news & events within the Cahill CPA office & staff. She is married to Cahill CPA partner Jordan Cahill, and together they have two young children.

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