Refunds On Oil & Natural Gas Royalties & Tax Accounts
If an amount is owing to you we will use the credit to offset any new debts on that account. If you wish to use the credit to offset a current or future debt on a different account, please contact your royalty analyst before the next invoice date.
You can request a refund by email to Oil&GasRoyaltyQuestions@gov.bc.ca, or by mail:
Ministry of Finance
PO BOX 9328 STN PROV GOV’T
VICTORIA BC V8W 9N3
Attn: Manager, Petroleum Operations
Note: Refund requests can only be processed once a full validation of your information is completed.
Interest on overpayments
If there is still a credit on your account after offsetting any new debts, refund interest will accrue from the 61st day after the amount became overpaid.
This also applies to
- any amount identified as overpaid prior to November 1, 2018, but is not yet refunded to you, or credited to your account, and
- amendments on prior periods, where the amendment results in a lower royalty due than you previously reported and paid.
Refund interest is calculated at the prime lending rate less 2%.