IMPORTANT PROPERTY TAX INFORMATION
PROPERTY TAXES ARE DUE JULY 2, 2020 by 5:00 pm
10% penalty applies after September 30, 2020
Property tax notices for the current year will be mailed by May 31, 2020.
If you do not receive your notice by June 10th please contact the village office at:
Due to COVID-9, payment options may be limited to:
Mail (Canada Post): PO Box 610, Gold River, BC V0P 1G0
Mail slot (at the Village Office 499 Muchalat Dr), Monday-Friday during regular business hours 9am-5pm
Cheque: payable to Village of Gold River (post dated cheques are acceptable)
Money Order: available at Canada Post
Bank Draft: available at most financial institutions
Mortgage Company: contact your mortgage company for further information
RBC bank transfer: in-person at RBC only, call the Village office for this option (250-283-2202)
Home Owner Grant (HOG)
Mortgage company paying your taxes?
You still need to claim your Home Owner Grant (if eligible)
Property tax deferment program - Has changed for 2020
Property tax deferment is a provincial low-interest loan program that helps qualified homeowners pay their annual property taxes on their principal residence
Program information is available at: www.gov.bc.ca/propertytaxdeferment
Contact Tax Deferment office for more information and for all questions
Applications and renewals are completed online
Due date is July 2, 2020
Remember: if deferring your taxes, you still need to claim your Home Owner Grant (if eligible) and pay the utilities portion of your tax notice.
Delinquent Taxes & 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 am 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 28, 2020 at 10:00 am 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 email firstname.lastname@example.org