Property Tax Deferrals

TAX DEFERMENT PROGRAMBC Govt

The Property Tax Deferment Program is a low-interest provincial loan program designed to help qualified BC home owners pay their annual property taxes.

You cannot defer your City Services such as Garbage and Recycling through this program.

 Tip You must claim your home owner grant each year, even if you are deferring your payment.

 

2018 PROPERTY TAX DUE DATES

Property Taxes

July 31, 2018

Home Owner Grant

July 31, 2018

     MyHOG

NEW TO THE PROGRAM?

You must pay all arrears, penalties, and City Services on the property before applying for the program. 

Please submit to City Hall by the July tax due date:

  • Any arrears and penalties you owe;
  • Your home owner grant;
  • Payment for City Services; and
  • Your deferment application.

The Province will not accept deferment applications for properties on leased land.

ARE YOU ON THE PRE-AUTHORIZED WITHDRAWALS (PAWS) PROGRAM?

If you are on the Pre-Authorized Withdrawals (PAWS) program and wish to defer your taxes, you will need to cancel your PAWS. Depending on the timing of your cancellation, you may not have taxes left outstanding to defer in the current year. 

In order to cancel participation in the PAWS program either:

  • Complete the cancelation form [PDF - 409 KB] and email it to taxclk@penticton.ca, or
  • Attend the Property Tax counter at City Hall located at 171 Main Street, Penticton.

APPLY FOR YOUR TAX DEFERRAL IN TWO STEPS

  1. Fill out the tax deferment program form that applies to you
    • There are two property tax deferment programs. Find out which one you're eligible for.

Tip Submit original documents. We are unable to accept faxed or scanned copies. Please don't submit duplicate forms.

Eligibility

  1. Deliver your application form to City Hall
    • Apply for your home owner grant, submit your payment for City Services and completed deferment form before the July tax deadline to avoid a 10% penalty on unpaid taxes. We will, however, accept your application until December 31.

BY MAIL

IN PERSON

Revenue & Collections Property Taxes

City of Penticton

171 Main Street

Penticton, BC V2A 5A9

City Hall Main Floor Property Taxes

171 Main Street

Penticton, BC V2A 5A9

 

Drop slot available north of public entrance

 Tip Please don't send applications to the Province of BC as they will forward your application back to us. This redirection of your application may result in late penalties being applied to your property taxes.

RENEW YOUR TAX DEFERRAL

Once you’ve been approved for the program, you must send us a completed renewal application form to keep deferring your taxes in subsequent years.

Please submit to City Hall by the July tax due date:

  • Your home owner grant;
  • Payment for City Services; and
  • Your deferment renewal.

You should receive a Statement of Account and a renewal application form from the Province by late May (a couple weeks before you receive your tax notice). If you did not receive your renewal form in the mail, contact the Province at 1-250-387-0555, toll-free at 1-888-355-2700, or email TaxDeferment@gov.bc.ca.

CANCEL OR SUSPEND YOUR TAX DEFERRAL

There are two ways to cancel your participation in the tax deferral program.

  1. Start paying property taxes for the current year while leaving your deferred balance owing. This will leave your deferment account open with the Province of BC even if you are paying your taxes some other way for a particular year.
  2. Pay the Province the amount of your deferred account balance in full. This will close your account with the Province, at which time they will notify us that you are no longer participating in the tax deferral program.

To get your deferred account balance, please phone the Province at 1-250-387-0555, toll-free at 1-888-355-2700, or email TaxDeferment@gov.bc.ca.

Tip If you pay out your balance with the Province, you cannot submit a renewal form. You must reapply to the program.