PROPERTY TAX NOTICES 2016
The Village of Lions Bay Property Tax Notices for 2016 were mailed out on Friday, May 27th. The due date for payment was July 14th by 4:00 p.m. Any taxes outstanding at that time had a 10% penalty applied to them.
Any payments still not received by December 31st will become taxes in arrears. Interest will start to acrrue on January 1st 2017.
The Home Owner Grants were also due by July 14th, however, the Village can still accept 2016 Homeowner grants up to Decemebr 31st, 2016. Home owners can now also claim their grants online: (To apply online you will need your roll number and the HOG Access Code which is located on your property tax notice below your name and address. The HOG Access code is your password).
For more information about the Provincial Property Tax Deferment Program, please go to their website.
Frequently Asked Questions
Q: How does my assessment affect my property taxes?
A: Your assessment is based on the valuation of your property as at July 1, 2015. Your assessed value is divided by 1,000 and then multiplied by the tax rate for your assessment class to arrive at the municipal portion of your tax bill.
Q: Why was my tax increase more or less than the average?
A: Your tax increase is affected by your property’s increase in its assessed value and Council’s decision on the tax rate allocation between property classes. If your property value has increased by more than the average increase in your class, or if you have added improvements to your residence, your taxes will increase by a factor greater than the average amount.
Q: What taxes do I pay for the Village of Lions Bay?
A: General property tax, fire protection levy and parcel taxes for water and sewer.
Q: What taxes do I pay for other tax authorities?
A: School and police taxes, Metro Vancouver levy, Translink levy, BC Assessment Authority levy and Municipal Finance Authority levy.
Q: Why do you collect taxes on behalf of other tax authorities?
A: The Province requires the Village to collect taxes on behalf of other tax authorities and remit them directly.
Q: How do you know how much to collect for other tax authorities?
A: Each authority submits a bylaw requisition to the Village for the amount required to be collected.
Q: Can I make a partial payment of my taxes?
A: Yes. If you are unable to make full payment of your taxes, we encourage partial payments prior to the due date. The 10% tax penalty is levied on any unpaid balance on the due date, therefore, any payment on your account will reduce the penalty amount that you are charged. You should also claim home owner grants before the property tax due date.
Q: Due to circumstances out of my control I was unable to pay my taxes by the due date, can the Village waive the penalty?
A: Although the Village understands the many difficulties that may make it impossible to pay your property tax bill by the due date, provincial legislation (Community Charter and Municipal Tax Regulation) requires Lions Bay to charge the penalty on all outstanding balances starting on the due date. Since the charging of this penalty is law, we cannot waive the penalty.
Home Owner Grants
Home Owner Grant
Province of BC Property Tax Deferment Programs
Government of BC Property Tax Deferment
Property Tax Deferment Program - 55 or older, surviving spouse, living with disabilities
The BC Property Tax Deferment Program is a loan program that allows homeowners to defer the annual property taxes if they are aged 55 or over, a surviving spouse, a Person living with a Disability and meet the eligibility criteria.
- If you wish to defer your taxes for the first time, please complete the on-line application.
- If you already have an account and would like to defer your property taxes again this year, complete the deferral renewal form sent to you by the BC government, or download it, complete your HOG, and submit them to the Village Office by the deadline to avoid the 10% penalty on the deferred amount.
Family with Children Property Tax Deferment Program
The New Family with Children program is available to eligible families that are financially supporting children under the age of 18 at any time during the tax calendar year. The eligible owner must be able to provide proof that they are financially supporting a child, must complete a declaration form and have one of more children under the age of 18.
Family with Children Property Tax Deferral Application Form
For more information on these programs, locating the application forms, and learning of the chargeable interest rates, please visit the BC Ministry of Finance - Property Tax website, or call the Village office.
Village of Lions Bay Property Tax Prepayment Plan
The Property Tax Prepayment Plan provides a means of budgeting tax payments over a 12-month period to avoid having to make one large, lump sum payment for the next tax year in July. The Property Tax Prepayment Plan is easy to start and you need to complete an advice from available at the Village Office. This plan is only available to the registered property owner.
Download the form