Reminder: March 31 Deadline for BC Speculation and Vacancy Tax Declaration​

Attention, British Columbia homeowners!

The clock is ticking – the deadline for filling out your speculation and vacancy tax declaration online is rapidly approaching. Don’t let it slip your mind! March 31st is the date you need to mark on your calendar.

Why is this important? Well, failing to meet the deadline could result in a 2% penalty based on the tax assessed value of your home. That’s a significant amount that you could easily avoid with a bit of proactive action today.

We understand that life gets busy, but the good news is that completing your declaration is a breeze. It only takes a few minutes and requires basic information like your birthday and social insurance number. Plus, if you’ve provided your email address, you’ll receive a confirmation once your declaration is successfully submitted.

Remember, if you own multiple properties, you’ll need to complete a declaration for each one. It’s a small step that ensures you’re in compliance with tax regulations and helps maintain fairness within our community.

Don’t let the deadline sneak up on you. Take charge of your compliance today to secure your peace of mind and avoid unnecessary penalties. If you have any questions or need assistance, our team is here to help. Reach out to us – we’ve got your back!

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