Tax Deferment

Property Tax Deferment is a property tax assistance program offered by the Province. Property Tax Deferment is a low-interest loan program that assists qualifying homeowners in British Columbia in paying the annual property taxes on their homes. The program is administered by the Province in conjunction with municipal tax collectors.

There are two different deferment programs:

  1. 55 and Older, Surviving Spouse, Persons with a Disability
  2. Families with Children under 18

Property Tax Deferment allows you to defer your current property taxes less any available Home Owner Grant. The deferment must be applied for on or before the tax due date to avoid penalties. If you miss the property tax due date, you have until December 31 of the current taxation year to apply.  Some things to note: