Vancouver homeowners are required to submit a declaration each year to determine if their property is subject to the Empty Homes Tax.
Properties deemed empty will be subject to a tax of 1.25% of the property’s 2020 assessed taxable value. Most homes will not be subject to the tax, as it does not apply to principal residences or homes rented for at least six months of the year.
Net revenues from the tax are being reinvested into affordable housing initiatives.
Review the latest Empty Homes Tax Annual Report PDF file (821 KB) for more information on these initiatives.
Vancouver property owners must declare each year – even if you live in your home.
Only one property status declaration is required each year per property.
Note Failure to declare by the deadline will result in your property being deemed vacant and subject to a tax of 1.25% of its assessed taxable value and a $250 by-law ticket for the 2020 reference year.
Empty Homes Tax due dates
Previous years’ unpaid tax added to property tax bill: December 31, 2020
Declaration for 2020: February 2, 2021
Empty Homes Tax payment for 2020: April 16, 2021
How to submit your Empty Homes Tax declaration