Speculation and Vacancy Tax

Our Tax AID Team is supporting BC’s Speculation and Vacancy Tax declaration process!

Disability Alliance BC’s Tax AID Team, along with our partner organizations (TAPS in Victoria and Ki-Low-Na Friendship Society in Kelowna), is helping clients who have questions about how to make their declaration for the Speculation and Vacancy Tax (SVT).

The service includes assisting with the declaration process by entering data for clients and helping clients call into the call centre, send an email, and/or read the existing website material.  

SVT declaration is a part of the NDP government’s 30-point plan in the 2018 budget, meant to ease the housing affordability crisis in the province.

About the SVT:

  • All residential property owners in a designated taxable region have to complete an annual declaration to claim any relevant exemptions from the Speculation and Vacancy Tax (SVT).
  • If you own residential property in a designated taxable region, the Province will send you a speculation and vacancy tax declaration letter telling you how to complete your declaration. The letter will list all the residential properties you own.
  • People can declare online, over the phone or by mail.
  • Contact and other information is available here: https://www2.gov.bc.ca/gov/content/taxes/property-taxes/speculation-and-vacancy-tax
Important dates

Speculation and vacancy tax letters will be mailed in January and February 2022.

  • Jan 19, 2022 – declaration period opens
  • Mar 31, 2022 – declaration due
  • Apr-May 2022 – most tax notices mailed
  • Jul 4, 2022 – tax payment due

Call the Tax AID Team for extra support!