Property Tax Information
2010 Property Taxes will be due on or before July 2, 2010. The second due date is September 2, 2010.
Late Payment Penalties
To avoid a Late Payment Penalty, taxes must be received in the Property Tax Department at City Hall on or before the first due date. After the first due date a 5% penalty will be applied. An additional 5% penalty will be applied to payments received after the second due date.
Important Information About The Homeowner Grant
If you are eligible for the Provincial Home Owner Grant, please ensure that the application on the bottom of your tax notice is completed, signed and returned to City Hall by the close of business on July 2, 2010 to avoid a penalty of 5% on the grant portion. Please note that the Home Owner Grant application form must be completed each and every year in which you are eligible for the grant.
A penalty will be applied on the amount of the Home Owner Grant for any unclaimed, unsigned or incomplete applications, as this will be considered equivalent to unpaid taxes. To avoid the penalty on the Grant portion of your taxes, the Home Owner Grant must be claimed even if a payment on outstanding taxes is not made.
Property Pre-Authorized Withdrawal (PAWS) OptionThis option offers you the convenience of paying your property taxes and residential annual utility charges in monthly instalments, through an automatic deduction from your bank account. Payments towards your year 2011 property taxes and annual utility charges are deducted on the first business day of each month, commencing on August 1, 2010. The City pays you interest on these monthly instalments which is credited to your tax account.
Please contact the Tax Department of the City of Richmond at 604-276-4145 for further information on this plan.
Property owners who prepaid their 2010 property taxes using this plan had their prepayments applied to annual utility charges (which are due on March 31st) and the balance to property taxes due July 2, 2010. Please remember that owners must pay any outstanding balance by July 2, 2010 to avoid late payment penalties, and must also complete and submit their Homeowner Grant Application. To avoid mailing your Home Owner Grant Application, you may want to sign up for epost and receive the application form electronically. See www.epost.ca.
Collection of Taxes for Other Taxing AuthoritiesThe City is required to include on property tax statements amounts levied by other taxing authorities over which the City has no control. The City's percentage of your total tax payable was only 50 % in 2009. School taxes collected on behalf of the Provincial government by the City account for 40% of the tax bill. The remainder of the charges were levied by the Greater Vancouver Regional District (Metro Vancuver), the Greater Vancouver Transit Authority (Translink), the B.C. Assessment Authority (BC Assessment) and the Municipal Finance Authority (MFA-BC).
For information and inquiries regarding amounts levied by other taxing authorities, please contact them directly at:
- School Taxes (250) 356-0907 (Victoria)
- Greater Vancouver Regional District 604-432-6200
- Greater Vancouver Transportation Authority (Translink) 604-453-4507
- B.C. Assessment Authority 604-241-1361
- Municipal Finance Authority (250) 383-1181 (Victoria)
