Property tax deferment program
Last updated on February 17, 2026Budget 2026 includes changes to the interest rate terms for the property tax deferment program. These changes will apply to all taxes deferred for the 2026 and subsequent tax years and are subject to approval by the Legislative Assembly and the approval of any necessary regulation changes. For more information, see Interest and fees for property tax deferment.
The tax deferment program is a loans program available to eligible B.C. homeowners. It allows you to defer your current year property taxes.
When you’re approved for the property tax deferment program, the Ministry of Finance pays your property taxes on your behalf after the tax due date and places a restrictive lien on your property. This means you’re limited in the types of changes you can make to your property title while you’re in the tax deferment program. Ensure you complete any necessary changes to your property title before you submit your application.
Simple interest is charged on the deferred tax amount starting from the date your property taxes are due or the date you applied to defer, whichever is later. Find out how interest is applied to your tax deferment loan.
You may be eligible for the property tax deferment program if you qualify for the:
- Regular program (for people who are 55 or older, are a surviving spouse or a person with disabilities), or
- Families with children program
Learn more about eligibility for the property tax deferment program.
If you have applied for the property tax deferment program, you can check your application status online using:
- Your confirmation number, or
- Your jurisdiction, roll number and last name
If the property has more than one registered owner, each owner must agree separately to the property tax deferment program's terms and conditions.
Learn more about entering into an agreement with registered owners
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Contact information
Contact us with your questions about deferring your property taxes.
1-888-355-2700
1-250-387-0555