Pay the BC home flipping tax

You must both file and pay the BC home flipping tax within 90 days of selling the property.

You must pay in Canadian funds, even if you're paying from outside Canada. 

You can make a payment:

• Through your bank or financial institution
• In person at a Service BC Centre
• By mail to the Minister of Finance

Through your bank or financial institution

If you pay through your bank or financial institution, you can use a bill payment service, electronic funds transfer, or wire transfer.

Bill payment service

Bill payment services can take up to 3 business days to process payments. If you plan to use a bill payment service, make your payment more than 3 business days before the due date.

To send a bill payment, add us as a payee in your bank account with the following information:

• If you’re using a transaction ID
  • Payee name: BC - Transaction Payment
  • Your transaction ID
• If you’re using an account number
  • Payee name: BC - Stmt of Acct
  • Your account number

Some banks and financial institutions will use a variation of the payee name above. If you cannot find us, call your bank or financial institution for assistance.

Electronic Funds Transfer (EFT)

To pay the tax through an electronic funds transfer (EFT), you must:

1. Provide your bank or financial institution with our account information
2. Validate your payment by sending us your payment details

1. Provide your account information

When paying through EFT, provide the following account information to your bank or financial institution.

• Account name: Province of British Columbia
• Bank name and branch address:

Royal Bank of Canada
1025 West Georgia St
Vancouver, BC V6E 3N9

• Bank number: 003
• Bank transit: 00010
• Bank account number: 1237072

Your bank or financial institution may have standard charges that apply to EFT payments. Make sure your bank or financial institution does not deduct charges from your payment amount as this will result in an underpayment.

2. Validate your payment

After you complete the payment, make sure we apply your payment to your balance by sending us the following details:

• Date payment was made
• Amount of payment
• Your account number if known or transaction ID

You can send the payment details through one of the following methods:

• Fax at 250-405-4415 (Attn: EFT Transfer – Your name – Your account number if known or transaction ID)
• Email at RSBCClientCare@gov.bc.ca (Subject line: EFT Transfer – Your name – Your account number if known or transaction ID)

If you do not validate your payment, we cannot match your payment to your account. This may result in interest being charged.

Wire transfer

To pay the tax through a wire transfer you must:

1. Provide your bank or financial institution with our account information
2. Validate your payment by sending us your payment details

Wire transfers must be in Canadian dollars.

1. Provide your account information

You need the following information to transfer funds to the “Province of BC” account:

• Beneficiary name: Province of British Columbia
• Beneficiary address:
  Ministry of Finance
  Income Taxation Branch
  1802 Douglas Street
  Victoria B.C. V8T 4K6
• Bank name: Royal Bank of Canada
• Branch address:
  1025 West Georgia St
  Vancouver, BC
  V6E 3N9
• Beneficiary account number: 1237072
• Bank number: 003
• Transit number: 00010
• Bank code/Clearing code: //CC 000300010
• Swift: ROYCCAT2
• Description or Reference field: Account number (if known) or transaction ID

Your bank or financial institution may have standard charges that apply to wire transfer payments. Make sure your bank or financial institution does not deduct charges from your payment amount as this will result in an underpayment.

2. Validate your payment

After you complete the payment, make sure we apply your payment to your balance by sending us the following details:

• Date payment was made
• Amount of payment
• Your account number if known or transaction ID

You can send the payment details through one of the following methods:

• Fax at 250-405-4415 (Attn: Wire Transfer – Your name – Your account number if known or transaction ID)
• Email at RSBCClientCare@gov.bc.ca (Subject line: Wire Transfer – Your name – Your account number if known or transaction ID)

If you do not validate your payment, we cannot match your payment to your account. This may result in interest being charged

In person at a Service BC Centre

You can pay in person at your nearest Service BC Centre by cash, cheque or debit. Make sure to have your account number (if known) or transaction ID so we can apply the payment to your balance. Find a location near you at servicebc.gov.bc.ca/locations.

By mail to the Minister of Finance

You can mail a cheque, bank draft or money order to the Minister of Finance to pay the tax.

What to include

• Your cheque, bank draft or money order, payable to ‘Minister of Finance’
• Your payment voucher

If you have received a Statement of Account, use the voucher at the bottom of the statement. If you have not received a Statement of Account, you can get a printable payment voucher.

Send your payment and payment voucher in an envelope to:

Minister of Finance
PO Box 9444 Stn Prov Govt
Victoria BC V8W 9W8

Make sure you leave enough time for your payment to be received in our office by the due date. Postmark dates are not accepted as date of payment. If you mail us a post-dated cheque, ensure the cheque is dated before or on the due date.