School tax is one of the services you are charged for on your annual property tax notice. The tax isn't based on if you or your family use the public or private school system. The education system benefits all B.C. residents including people without children in school. You pay school tax to share in the cost of providing education in B.C.
School tax is charged on every property in B.C. unless the property qualifies for an exemption.
Each year the province sets the residential school tax rate for each school district and is based equally on:
- The total number of residences in the district
- The total residential assessed value in the district
Generally, these rates decrease so that average provincial revenues per home only increase by B.C.'s CPI rate of inflation.
Each year the province sets the school tax rate for each non-residential property class. Generally, these rates decrease each year as average values within a property class rise faster than inflation.
Additional School Tax on High-Valued Properties
Starting in 2019, an additional school tax applies to most high-valued residential properties in the province, including:
- Detached homes
- Stratified condominium or townhouse units
- Most vacant land
The additional school tax does not apply to non-stratified rental buildings with four or more housing units.
For mixed-use properties, only the residential portion of the property’s assessed value above $3 million will be taxable.
The additional tax rate is:
- 0.2% on the residential portion assessed between $3 million and $4 million
- 0.4% tax rate on the residential portion assessed over $4 million
BC Assessment determines if additional school tax applies. If you believe your property should be exempt from additional school tax, contact BC Assessment to discuss your concerns.