Property Tax Information
2012 Property Taxes due date is July 3, 2012. The second due date is September 4, 2012.
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 3, 2012 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 2013 property taxes and annual utility charges are deducted on the first business day of each month, commencing on August 1, 2012. 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 2012 property taxes using this plan had their prepayments applied to annual utility charges (which are due on April 2nd) and the balance to property taxes due July 3, 2012. Any outstanding balance due on July 3, 2013 will be (has been) withdrawn from their bank automatically to avoid late payment penalties. Also owners must complete and submit their Home Owner Grant Application by the due date to avoid penalties. 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. You can also claim your Home Owner Grant online via this web site.
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 2011. 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 Metro Vancouver (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)
- Metro Vancouver 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)
