Vancouver's Empty Homes Tax - Declaration Reminder

Each year, all owners of residential property in the City of Vancouver are required to submit a property status declaration to determine if their property is subject to the City of Vancouver's Empty Homes Tax (EHT). This year the declaration deadline is due by February 4, 2019. 

For properties deemed to be empty, the payable tax will be equal to 1% of a property's 2018 assessed taxable value. The Bylaw details can be found here. 

While most homes will not be subject to the tax, as it does not apply to principal residences or homes rented for at least 6 months of the year, all homeowners are required to submit a declaration.  

To make your declaration, visit this page. 

It is important to note that that this declaration is separate from the Provincial Governments recent Speculation and Vacancy Taxwhich must also be filed by all property owners in the City.  Key datesFebruary 4, 2019: declarations due for 2018
April 12, 2019: EHT payment due for non-exempt propertiesOur rennie intelligence division empowers individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.