Out-of-country owners of waterfront homes on the Saanich Peninsula fear they may have to sell if the Province enacts its speculation tax. (Steven Heywood/News Staff)

More than 80% of B.C. speculation and vacancy tax declarations submitted

Registration can be done at a dedicated website or by phoning 1-833-554-2323 before March 31

A majority of B.C. homeowners have completed their speculation and vacancy tax forms ahead of the March 31 deadline.

The province said Friday that 80 per cent of the declarations have been finished, with nine-in-ten completed online.

The forms must be filled out by property owners who have homes or extra properties in regions where the taxes are in effect. Every homeowner must register to opt out of the 0.5-per-cent tax.

Registration can be done at this website, or by phoning 1-833-554-2323. The process takes up to 20 minutes.

READ MORE: Seniors with unrentable homes in Belcarra, B.C., face huge speculation tax bills

After the deadline, those who are not exempted will have until July 2 to pay the tax.

The propert tax applies to Metro Vancouver, Greater Victoria, and the municipalities of Nanaimo, Lantzville, Abbotsford, Chilliwack, Mission, Kelowna and West Kelowna.

Like us on Facebook and follow us on Twitter.

Just Posted

Kim Johnson retires from rec department

Johnson had worked at Grand Forks Recreation Department for 25 years

Local students raise salmon in new program

The program typically runs from December to June

Skating club receives donations, to host ice gala

The show kicks off at 7 p.m. tonight

RCMP look into broken window at new Windows of Hope

There were no injuries in the incident

PHOTOS: Mamma Mia takes a bow

The Boundary Musical and Theatre Society completed four shows of the smash hit

VIDEO: RCMP ask kids to help name soon-to-be police dogs

13 German shepherd puppies will be born this year

Watchdog called after man who yelled racial slurs at B.C. vigil hurt during arrest

BC RCMP say man was ‘acting suspiciously’ at prayer vigil for victims of New Zealand mosque shootings

NDP’s Jagmeet Singh steps into the House of Commons, making history

Burnaby South MP becomes first visible minority to lead a federal party in the House of Commons

‘Considerably large’ tractor tire fell and killed 3-year-old girl on B.C. farm

Delta’s deputy fire chief said crews tried to helicopter girl out after a tractor tire leaning against a barn fell onto her

Nearly 40% of British Columbians not taking their medications correctly: poll

Introduction of legal cannabis could cause more issues for drug interactions

Mining company fined $70,000 after two workers killed in B.C. truck crash

Broda Construction pleaded guilty to failing to provide safe workplace at Cranbrook rock quarry

B.C. argues it cannot stop Trans Mountain, but it can protect environment

Alberta Premier Rachel Notley says only Ottawa has the authority to decide what goes in trans-boundary pipelines

B.C. poverty plan combines existing spending, housing programs

Target is to lift 140,000 people out of poverty from 2016 level

Avalanche warning issued for all B.C. mountains

Warm weather to increase avalanche risk: Avalanche Canada

Most Read