What’s New in Speculation and Vacancy Tax

Updates to speculation and vacancy tax information are posted here.

Read the most recent update below.

Latest updates

June 10, 2019

The speculation and vacancy tax website has been updated to include:

• a new Audits for Speculation and Vacancy Tax page that explains the audit process

March 28, 2019

The speculation and vacancy tax website has been updated to:

• Include:
  • new information on refunds
  • information on late payments
• Clarify what you can't appeal
• Explain the following about the declaration process
  • the online declaration application is secure and approved to protect taxpayer information
  • you declare as a partnership only if you're in a business partnership
  • you aren't required to provide an email address on your application
  • who to contact if you need to update information, such as your mailing address
  • call us for assistance with your declaration if a deceased owner is on title

March 15, 2019

The speculation and vacancy tax website has been updated to:

• Clarify the tenancy exemption requirements for buildings or properties with more than one residence by including two examples

• Expand the speculation and vacancy tax credit web content to explain how it applies to B.C. residents and non-B.C. residents. This includes calculation examples and instructions for how to apply for the credit.

March 5, 2019

The speculation and vacancy tax website has been updated with information about what you can appeal, and when and how to file an appeal.

Past updates by year