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 Tax which must also be filed by all property owners in the City.  

Key dates
February 4, 2019: declarations due for 2018
April 12, 2019: EHT payment due for non-exempt properties

Our 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.

Get the data.

Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
intelligence

The addition of new housing along Metro Vancouver’s public transit network, and specifically along the SkyTrain rapid transit network, will be important in accommodating more than one million new residents over the coming three decades.

intelligence

Housing inventory is close to a 35-year low in the Vancouver Region, thus limiting options for potential buyers.

intelligence

A monthly report providing insights into sales, listings, and pricing trends throughout the Vancouver Region's housing resale market.