How is bc property tax calculated

Follow us for daily news and updates, event invitations, program information, and deadline reminders. Skip to main content. Search Surrey. Report A Problem. Property Tax Rates. These services include: public safety and city infrastructure; road maintenance and waste collection; parks and recreation facilities; and emergency and fire services.

Follow City of Surrey on Social Media Follow us for daily news and updates, event invitations, program information, and deadline reminders. There is a different tax rate for each of the nine property classes.

BC Assessment functions independently of taxing authorities and has no role in setting property tax rates. The property tax rate is the second piece of the formula that determines how much property tax you pay. To calculate your property taxes , multiply the taxable assessed value of your property by the property tax rate for your property class.

Property taxes are collected by your local taxing authority, i. If your property is located within the City of Vancouver, your property taxes may be affected by Land Averaging.

For more information, visit the City of Vancouver website. For more information on additional school tax, visit the BC Government's school tax website. The information on this page is for information purposes only. For specific questions about property taxes, please consult your municipality or taxing authority. Property tax notice. School tax. Municipal revitalization provincial property tax exemption. Important dates. Property assessment.

Home owner grant. Defer your taxes. Pay your taxes. Annual property tax. Important information about property taxes during the COVID pandemic: Rural property tax due dates have not changed Learn about reduced school tax rates for businesses Learn about postponed late payment penalties for businesses Find out if you are eligible to defer your property taxes program eligibility has not changed.

How to pay Each year you will receive a property tax notice for services available in your area. Make a payment Defer your taxes. Utility user fees In addition to your annual property taxes you may receive a bill for services in your area. You may receive a separate bill from an improvement district, municipality or private company for services such as: water fire protection street lighting sewage parks. Speculation and vacancy tax Learn about the new annual speculation and vacancy tax.

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