Property Tax Deferment Program Print Article Font Size
The British Columbia Property Tax Deferment Program is a loan program that allows you to defer your annual property taxes on your home if you meet certain criteria.

To qualify, you must be a Canadian citizen or a permanent resident who has lived in British Columbia for at least one year immediately prior to applying for te derment benefits and be:
  • 55 years or older during the calendar year
  • A surviving spouse, or
  • A person with a disability as defined by regulation
 
You may defer taxes on the home where you live and conduct your daily activities.  Second residences, such as summer cottages or rental properties, do not qualify for tax deferment benefits.
 
You can apply once you receive your property tax notice. To apply, visit the Government of BC's website by clicking here, and follow their instructions below.

Here's how it works:

  1. Receive your annual property tax notice
  2. Confirm you qualify for one of the tax deferment programs
  3. Make sure your property tax account is up to date
  4. Submit your application online
  5. Ensure all other owners provide authorization
  6. Check the status of your application
  7. Know what to expect if your application is approved
  8. Renew your tax deferment loan agreement each year