Out-of-country owners of waterfront homes on the Saanich Peninsula fear they may have to sell if the Province enacts its speculation tax. (Steven Heywood/News Staff)

More than 80% of B.C. speculation and vacancy tax declarations submitted

Registration can be done at a dedicated website or by phoning 1-833-554-2323 before March 31

A majority of B.C. homeowners have completed their speculation and vacancy tax forms ahead of the March 31 deadline.

The province said Friday that 80 per cent of the declarations have been finished, with nine-in-ten completed online.

The forms must be filled out by property owners who have homes or extra properties in regions where the taxes are in effect. Every homeowner must register to opt out of the 0.5-per-cent tax.

Registration can be done at this website, or by phoning 1-833-554-2323. The process takes up to 20 minutes.

READ MORE: Seniors with unrentable homes in Belcarra, B.C., face huge speculation tax bills

After the deadline, those who are not exempted will have until July 2 to pay the tax.

The propert tax applies to Metro Vancouver, Greater Victoria, and the municipalities of Nanaimo, Lantzville, Abbotsford, Chilliwack, Mission, Kelowna and West Kelowna.

Like us on Facebook and follow us on Twitter.

Just Posted

Update: Mother dead, youth in critical condition after carbon monoxide poisoning at Sandy Point Campground

The woman was found unresponsive insider her tent and the youth was taken via air ambulance to hospital

Column: Becoming better prepared for floods and fires

Council Report by Salmon Arm Mayor Alan Harrison

Court decision prompts CSRD to throw flood mitigation back at province

Public safety minister maintains Newsome Creek concerns in hands of local government

Salmon Arm man dies in ‘chain reaction of collisions’ on Coquihalla: RCMP

The two accidents near the Coldwater Interchange closed Highway 5 for hours

Kelowna RCMP interrogation video brings home reality in ‘visceral way’: former TRC chairman

Video of Mountie interrogating young Indigenous woman disclosing sexual abuse under fire

The Old Guys reunite to play out spring

Salmon Arm Jazz Club hosts June 13 concert at Nexus

Okanagan adventurer continues motorcycle trip around the world

Vernon local James Leigh recently completed the third of five legs of the journey, travelling through China and Kazakhstan

Riders “step up” their game at Coldstream Equestrian Clinic

Riders from across the Okanagan travelled to Coldstream to train for the 2019 55+ Senior Games, which take place in Kelowna this fall.

Canada’s parole officers say correctional system has reached breaking point

About half of Canada’s federal parole officers work inside penitentiaries and correctional institutions

Montreal researchers create audible hockey puck for visually impaired players

Three years ago, Gilles Ouellet came up with the idea for a puck that makes a continuous sound

Boy, 12, arrested after allegedly pulling a knife on another child at a Surrey park

The child was later released into his parents’ custody as Surrey RCMP continue their investigation

Former Greyhound bus drivers gather in the Okanagan for one last hurrah

Bash kicks off Friday in Penticton and runs until Sunday

ICBC urging drivers to slow down this May long weekend

Speed is number one cause of car crash fatalities: ICBC

Most Read