Updates to income taxes - Province of British Columbia April 22, 2026 The BC home flipping tax has updated interest rates (%) on overdue balances and refunds for April to June 2026 January 26, 2026 The BC home flipping tax webpages have been updated, including new pages for the taxation of estates and the dispositions of taxable property involving trusts See previous years in Archived tax updates
Property taxes in rural areas - Province of British Columbia The Surveyor of Taxes then determines the tax rates needed to raise the funds to pay for each service For tax rate information, see 2026 Rural tax rates (xls, 4 8MB) School and police taxes All property owners share the cost of providing education and policing in the province
Tax rates for the speculation and vacancy tax - Gov The speculation and vacancy tax rate varies depending on the owner’s tax residency In addition, the tax rate varies based on whether the owner is a Canadian citizen or permanent resident of Canada, or an untaxed worldwide earner (a category of taxpayer that includes members of a satellite family) For 2018, the tax rate is: 0 5% of the property’s assessed value for all properties subject
Municipal taxes - Province of British Columbia Learn how municipalities adopt a property value tax bylaw each year Municipalities set municipal tax rates to raise the appropriate revenue from the nine different classes of property
PST 308, PST on Vehicles - Gov An applicable tax means any of the following: PST, social service tax (SST) - the former B C provincial sales tax that was in effect before July 1, 2010, tax on designated property (TDP) - the former 12% B C tax on private sales of vehicles, boats or aircraft that was in effect from July 1, 2010 to March 31, 2013,
Property taxes in municipalities - Province of British Columbia School tax Property owners share the cost of providing education in British Columbia even if they do not use the services You are required to pay school taxes on each property you own, unless the property qualifies for an exemption or credit