The deadline for homeowners in Vancouver to file their Empty Homes Tax declaration is almost here
Steve Randall
Mortgage Broker News
The deadline for homeowners in Vancouver to file their Empty Homes Tax declaration is almost here.
Owners have until February 4 to tell the City or face a $250 fine – or dispute the ticket – before they can file late.
Those homes that are subject to EHT are those that are declared vacant by the property owner without qualifying for one of the eight exemptions. Principal residences and those homes that are rented out for at least 6 months of the year in blocks of at least 30 days.
If no declaration is made by the deadline, the City will assume the property is subject to EHT and bill the owner accordingly. However, this will be cancelled is a late declaration shows that no tax is due.
The City of Vancouver says that 84% of owners had made a declaration as of January 27.
For those that do need to pay the tax, the deadline for payment is April 16, 2020, otherwise an additional 5% will be added.
Declarations can be made online, in person, or by phone.
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