2017 Property Tax Payment Information
Property tax due date - Tuesday, July 4, 2017 at 5:00 p.m.
Property Tax Notices for the current year will be mailed to all owners of property in Gold River, to the current address on file by May 31, 2017. If you do not receive your property tax notice by mid-June 2017 please contact the Village Office at (250) 283-2202 or by email to firstname.lastname@example.org to receive a duplicate copy.
A 10% penalty will be applied to any current taxes outstanding after 5:00 p.m. on July 4, 2017. Penalties also apply to any unclaimed Home Owner Grant amounts. Tax payments must be received at the Village Office before 5:00 p.m. July 4, 2017; postmarks are not accepted as proof payment.
Payment of property taxes can only be made at the Village Office - 499 Muchalat Drive - Gold River BC
In person; by
By mail with a cheque or money order payable to the Village of Gold River, PO Box 610, Gold River BC V0P 1G0. Payments must be received by the Village by the due date. Do not send cash in the mail.
Home Owner Grants (Northern & Rural Area Home Owner Grants)
Residential property owners are eligible for the total combined Home Owner Grant of $770 or $1,045 for resident property owners who are 65 or will be turning 65 in 2017, or persons with disabilities as defined under the Home Owner Grant Act regulations. Please refer to your property tax notice for the Home Owner Grant application and explanatory notes (described on the reverse side of the tax notice). Note that Home Owner Grant applications must be completed each year to receive the grant (as property owner's eligibility may change from year to year) and must be received by the Village before the tax due date (July 4, 2017) to avoid penalty.
Property Tax Deferment Programs
The British Columbia Property Tax Deferment Program is a low-interest loan program that allows property owners to defer annual property taxes on their home if certain criteria is met. There are two types of deferment programs:
To qualify you must be a Canadian citizen or permanent resident who has lived in BC for at least one year immediately prior to applying for tax deferment benefits, and meet other requirements specific to each program.
QUESTIONS? For more information on Property Tax Programs administered by the Ministry of Finance please contact the Village Office or visit the Province of BC website: www.sbr.gov.bc.ca/rpt
Interest and Penalties
Annual Tax Sale
The tax sale is a public auction of properties within a municipality which have outstanding property taxes from two years prior to the current year.
The tax sale is held annually on the last Monday of September at 10 a.m. in the municipal hall of each municipality in BC. Notice of the time and place of the tax sale, the legal description and street address of each property subject to tax sale are published in at least two issues of a local newspaper just prior to the sale in September. The municipality makes no representation expressed or implied as to the condition or quality of the properties offered for sale.
The lowest amount for which a property may be sold at tax sale is the upset price. The upset price is the sum of all the property taxes outstanding at the date of the tax sale, plus all applicable penalties and interest, plus an additional 5% of all taxes, penalties and interest, plus all applicable Land Title Act Fees. The highest bidder above the upset price must be declared the purchaser.
A municipal council may designate a bidder on behalf of the municipality. If there is no bid the municipality must be declared the purchaser. The purchaser may pay the amount of the purchase price by the designated time on the tax sale date to the collector.
During the period allowed for redemption, a tax sale property must continue to be assessed and taxed in the owner's name. A tax sale property may be redeemed from tax sale within one year of the date of the tax sale. During the redemption period the owner retains the right to possession of the tax sale property. On redemption of the tax sale property, the successful bidder is entitled to receive all amounts paid together with prescribed interest. Upon receipt of a notice of non-redemption by the Land Title Office, the property is conveyed to the purchaser.
The purchase of a tax sale property is subject to tax under the Property Transfer Tax Act on the fair market value of the property at the time of the conveyance.
The Village of Gold River Annual Tax Sale will be held on Monday, September 25, 2017 at 10:00 a.m. in Council Chambers, at the Village Office, 499 Muchalat Drive, Gold River BC. The Notice of Tax Sale will be published in the Campbell River Mirror and will be posted on the municipal website.
For more information on tax sales please contact the Village Office at (250) 283-2202 or by email.