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Seniors reminded of option to defer their property taxes as deadline nears

seniors-advocate-isobel-mackenzie
B.C. Seniors Advocate Isobel MacKenzie. (via Glacier Media)

B.C.’s Seniors Advocate Isobel Mackenzie is reminding seniors they can defer paying their property tax through the provincial Property Tax Deferment (PTD) Program.

“With the PTD program, the province pays the property tax on behalf of the senior directly to the local government. The senior homeowner does not need to pay back the money to the province until the property is sold,” said Mackenzie.

The property tax deadline is Thursday (July 2) although B.C. has provided a 90-day extension so no penalties will be applied to unpaid taxes until Sept. 30.

The Property Tax Deferment Program has been gaining in popularity with over 63,000 deferrals in 2018/19.

New in 2020 is an online application and the ability to automatically renew each year. Previously, applications were paper based only and needed to be re-submitted each year. Seniors can now visit the Ministry of Finance website and complete the form online or download the form and mail it in.

For individuals without the internet or those needing more assistance, they can call the Ministry of Finance at 1-888-355-2700, and an agent can help with the application process. Seniors can also visit their local Service BC office or municipal government office if there is one open in their area and receive a copy of the form.

Learn More:

For information about the Property Tax Deferment Program and to apply online, visit: https://www2.gov.bc.ca/gov/content/taxes/property-taxes/annual-property-tax/defer-taxes

For assistance with applying to the Property Tax Deferment Program, contact the Ministry of Finance:

Toll-free: 1-888-355-2700

Office: 250-387-0555

Email: TaxDeferment@gov.bc.ca.




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