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HOME OWNER GRANT INCREASED

 

Effective for the 2006 tax year, the basic homeowner grant increases to $570.00 from $470.00 and the additional grant increases to $845.00 from $745.00.

 

The threshold of the homeowner grant also increases to $780,000 from $685,000. The grant phase out rate will continue to be $5.00 per $1000.00 of assessed value above this threshold.

For more information, please contact the BC Property Taxation Branch at 250-356-8904 or 1-888-355-2700

                                                                                                                                                 

Last modified: 03/30/06