Waiver of interest and penalties on insurance taxes

You may request a waiver of interest and penalties on insurance taxes if they were caused by circumstances beyond your control or our actions, such as:

• Disasters, such as flood or fire
• Civil disturbances or disruptions in services, such as a postal strike
• Serious illness or accident
• A delay in our process caused you to not be informed within a reasonable time that an amount was owing
• An error in information we provided caused you to file a return or make payment(s) incorrectly
• There was a delay in our ability to make the information you needed to file a return or make a payment available to you

Request a waiver

To request a waiver, you or your authorized representative need to write a letter and provide the following information:

• Your name, address and account number
• For licensed insurers, the taxation year(s) involved
• For unlicensed insurance, the policy number, term and the contract start date
• The facts and reasons why the interest or penalties should be waived due to circumstances beyond your control or our actions
• Any supporting documents or correspondence
• If applicable, a completed Authorization or Cancellation of a Representative (FIN 146) (PDF, 260KB)

You can send your request and supporting documents for the waiver by:

• Email

ITBTaxQuestions@gov.bc.ca

• eTaxBC

Contact the Ministry by logging on to your eTaxBC account

When your request is reviewed, the following facts will also be considered when we make our decision:

• Your compliance history
• If you exercised a reasonable amount of due care and weren’t negligent or careless
• If you acted quickly to remedy any delay or omission