Reporting & Paying Tobacco Tax for Wholesale Dealers
A disruption to postal services could happen as soon as September 26. Penalty and interest rules still apply so you may want to choose an option that doesn’t require mail services.
Wholesalers, importers and manufacturers of tobacco products must complete monthly tax returns. You must include a cheque, bank draft or money order made payable to the Minister of Finance with your return, or pay using banking services.
Note: We will not accept payments by international bank draft of less than $500 Canadian dollars. Bank drafts under $500 will be returned to you and you will need to make alternate payment arrangements.
You can report and pay security due, an outstanding balance or a Notice of Assessment:
Your completed return and payment must be received or postmarked on or before the due date indicated on your return. If the due date falls on a weekend or a B.C. statutory holiday, the due date is the next business day.
If you don’t report and pay the tobacco tax due, your account will become overdue and an assessment equal to the amount of tax plus interest may be imposed.
Generally, if you’re a wholesaler, you must pay security on all tobacco you bring or send into B.C. or receive delivery of in B.C. for resale. You pay security to the Minister of Finance, and you must remit it with your monthly Collector's Return.
If your account is overdue and you have already been issued a Statement of Account, you can also pay through most banks. You must bring your Statement of Account with you as this contains the province’s bank account number.
Be aware that most banks will often date stamp payments received in the afternoon for the next business day.
If you’re paying at a government office or by mail or courier and you have made prior arrangement with the person handling your overdue account, you may also pay by post-dated cheque(s). Remember to write your account number on your payment.
Send your overdue account payment(s) to:
|Mailing Address||Courier Address|
Ministry of Finance
PO Box 9442 Stn Prov Govt
Victoria, B.C. V8W 9V4
Ministry of Finance
1802 Douglas Street
Victoria, B.C. V8T 4K6