2020 Property Tax
Property taxes for 2020 are due July 2, 2020. Any unpaid balances (including unclaimed Home Owner Grants) after July 2nd will have a one percent (1%) penalty applied on July 3rd and a four percent (4%) penalty applied October 1st. Commercial businesses have until September 30 to pay their taxes, and the penalty of five percent (5%) will be applied October 1st.
If you do not receive your notice by June 15th, please contact the Finance Department at firstname.lastname@example.org or 250-485-6203.
The account number is linked to the property. If you have sold or purchased your property Land Titles will notify the Finance Department with the updated information.
Change Name or Title
Any changes related to title requires notifying the Kamloops Land Titles Office. You may contact a land title corrections officer or have these changes made by a notary or lawyer acting on your behalf.
Talk to a Land Title Corrections Officer at:
Kamloops Land Title Office
114-455 Columbia Street
Kamloops, BC V2C 6K4
Starting May 2020 the Property Tax Deferment program launched a new online Property Tax
Deferment application to make deferring your taxes easier – eliminating the need for paper
forms and allowing you to auto renew your application directly with the Province of B.C. through eTaxBC.
The Province of B.C. offers two programs to allow you to defer all or part of your annual property taxes on your home. Under these programs, taxes are paid on your behalf by the Province, and are accrued along with simple interest set by the Minister of Finance.
You may defer all or a portion of your current year taxes on your principal residence after the amount of the Home Owner Benefit. You cannot defer user fees for sewer, garbage and recycling.
Regular Property Tax Deferment Program
To qualify you must:
- be either 55 years or older (only one spouse need be 55), widowed or disabled; and if you are
- a Canadian citizen or permanent resident who has lived in BC for at least one year before applying for the deferment; and
- have at least 25% equity in your home based on your assessment
Families with Children Deferment Program
This program is designed to assist families with children, particularly during those years where costs are higher. To qualify you must:
- sign a declaration that, at the time of application the applicant financially supported any child under the age of 18 in the calendar year; and
- be a Canadian citizen or permanent resident who has lived in BC for at least one year before applying for the deferment; and
- have at least 15% equity in your home based on your assessment
With both applications, if you have a mortgage on your property a copy of your mortgage balance must accompany the application.
How to Enrol In eTaxBC
As a current Property Tax Deferment client (or account holder), you will have a new Property
Tax Deferment (PTD) account number. Your current Property Tax Deferment account number
RG0123456 will be replaced with a new account number PTD-1001-1001. You will need to
use your new PTD account number going forward as the old account number will be invalid.
As of April 15, 2020, you will be able to review your account information by enrolling for
eTaxBC access, go to eTaxBC and click “Enrol Now”. You will need the following
information to enrol:
User Type Selection: Access an Existing Account
Account Type: Property Tax – Deferment
New Account Number: PTD-1001-1001
Letter Id: L0123456789
How to Renew Your Existing Agreement
As of May 1, 2020 you will be able to renew your existing agreement online by web Property Tax Deferment Annual Renewal and Statement of Account.
You can also select auto-renewal and your account will be automatically renewed annually, if you still meet all the eligibility requirements.
Auto-renewing is easy and simple. Do not forget to claim your home owner grant.
If you have questions about eTaxBC, please call eTaxBC support at 1 877 388-4440, option 1.
If you have questions about the Property Tax Deferment program or the new online
application, please call 1 888 355-2700 toll free (in B.C.) or 250 387-0555 (outside B.C.), or
email email@example.com. You can also find more information on
Notices are sent by mail in late May for the period of January 1 to December 31 of the current year.
- If you haven’t received a tax notice by June 15, please contact the Property Tax Department at firstname.lastname@example.org or by phone at 250-485-6203
- Not receiving a tax notice may occur due to a recent property purchase, if the notice was sent to the previous owner or mailed to an old address. If a property sale occurs during the year, taxes are adjusted by a notary or lawyer.
- The Town of Oliver does not adjust taxes due to property sales.
- Notices will include the municipal property tax portion, and, in some cases parcel taxes. Email email@example.com or call 250-485-6203 for questions regarding parcel taxes.
- The notice will also include general taxes collected for other levels of government. For questions regarding other charges, please contact the corresponding organization below:
- BC Assessment Authority: 1-866-825-8322
- Municipal Finance Authority (MFA): 250-383-1181
- Regional District of Okanagan-Similkameen (Hospital, RDOS, and 911): 250-492-0237
- School (Province of BC): 250-590-0239
- Sterile Insect Release Program (RDOS): 250-469-6187
The Town of Oliver charges an automatic 1% penalty on all current taxes outstanding as of July 3rd and a 4% penalty as of October 1st. Commercial businesses have until September 30 to pay their taxes, and the penalty of five percent (5%) will be applied October 1st.
- Unclaimed home owner grants are also considered late if not received by the tax due date and are subject to the 1% penalty if claimed after July 2nd and a 4% penalty if claimed after September 30th.
- If after December 31, taxes are still not paid, further interest penalties are applied to the outstanding balances. Interest on outstanding balances is calculated at rates set quarterly by the Province of British Columbia.
A tax rate is established by taking the total budget of the municipality that must be covered through taxation and dividing it by the total assessed value of all properties in their jurisdiction.
For example, if a municipality requires $30 million from taxation to cover its budget and the total assessed value of all properties within their jurisdiction is $8.9 billion, the tax rate is 0.00337.
Budget Need ÷ Assessed Value = Tax Rate
$30 million ÷ $8.9 billion = 0.00337
This rate is then used to calculate property taxes.
Tax Rate x Assessed Value = Property Taxes
0.0037 x $530,000 = $1,786.10
To find out specific tax rates, please visit the Province of BC Local Government Tax Rates website.
Current year’s Tax Rates Bylaws can be found here.
Property Tax Links
How do assessments impact taxes?
BC Assessment establishes property values and issues notices in January.
The Town of Oliver sets tax rates and issues notices in May.
These are two separate processes, but one does have an impact on the other.
How do I appeal my assessment?
You cannot appeal your property taxes; however, you can appeal your assessment by contacting the BC Assessment Authority:
- Call 1-866-825-8322
- Visit BC Assessment online
Who do I call if I have more questions?
For inquiries or concerns regarding your assessment notice please contact the BC Assessment Authority or by phone 1-866-825-8322.
For inquiries or concerns about your property tax notice, please contact the Town of Oliver by email at firstname.lastname@example.org or phone 250-485-6203.
The Town office mailing address is Box 638, Oliver, BC V0H 1T0
You will need to add the Town of Oliver as a “payee” as follows:
- Search for OLIVER (ensure it is Oliver, BC), then choose from the drop down for utilities or property taxes.
- For Utilities enter the 13 digit account number (without spaces) shown on the top left hand corner of your utility bill located under the Town of Oliver phone and fax numbers.
- For Property Taxes, enter the 11 digit account number (without spaces) shown on top right corner of your property tax notice.
If you are making payments online, please insure that you are paying the correct account (Utilities versus Property Taxes) and the correct account number. Misallocated payments will only be corrected on a one-time basis. Subsequent payment adjustments will be subject to a $25.00 administration fee.
The Town does not consider a postmark or a teller stamp as proof of payment.
Cash, cheques and debit cards are accepted
Credit cards are not accepted
*New* E-Transfer now accepted
Add Town of Oliver as a New Recipient
- Send by email to email@example.com
- Security question and answer – use Oliver for both
*The Town of Oliver is registered for Autodeposit and will not need to answer a security question to deposit funds.
- *IMPORTANT* – The message must include the following to ensure your payment gets applied to the correct account:
– 13 digit Utility account number, or
– 11 digit Property Tax folio, or
– Invoice number, for Business Licence and Accounts Receivable
– Please include a contact email address
For detailed instructions, click here or contact the Finance Department.
Prepayments for the 2021 property taxes will commence in August of 2020. Pre-authorized payments for outstanding utility bills are also available. For additional information on setting up your account Click Here.
The purpose of the Town’s tax exemption bylaws are to exempt properties specified in the bylaw from paying all or a portion of the municipal portion of property taxes. Properties owned by the municipality or other levels of government and used for public purposes are 100% exempted under the Community Charter.
Other properties are generally exempted only for buildings and the land directly beneath the footprint of the building. It has been Council’s practice to also provide permissive tax exemptions to all of the land surrounding these types of properties.
In order for a property to be considered for exemption from taxes the property must be included in the Permissive Tax Exemption Bylaw. Council of the Town of Oliver has adopted a Permissive Tax Exemption Policy which outlines criteria and decisive factors for review of granting tax exemptions that will consistently be applied to all applications. The current tax exemption bylaw is in effect for the year 2020.
A new intake of applications and renewals is now open with an application deadline of July 31, 2020. The new intake will be for the year 2021 through 2023.
Permissive Tax Exemption Bylaw can be found here.
Council has established a revitalization tax exemption program to provide relief from certain municipal property taxes for eligible development projects.
Revitalization Tax Exemption Bylaw can be found here.
Tax Sale Auction
- The Town is required by the Local Government Act to sell at Tax Sale all properties whose taxes have not been paid for 3 years.
- Tax sales in BC are conducted on the last Monday in September at 10:00 am for any properties with delinquent taxes outstanding.
- The Local Government Act requires the Town to advertise tax sale properties in two issues of a local newspaper.
- All property sales are “as is” without warranty or guarantee by the Town of Oliver.
- The Local Government Act gives the Collector authority to sell a property. The minimum bid is the amount of the Upset Price which consists of:
- all outstanding taxes plus
- penalties plus
- interest + 5% tax sale costs + Land Title Act fees.
- If no bidding takes place within three calls by the Collector (auctioneer), the Town is declared the purchaser at the upset price.
- In order to buy back your property after it’s been sold in a tax sale, you have one year from the date of tax sale to do so. You’ll need to pay:
- The upset price (see breakdown above)
- All costs for maintenance of the property
- Taxes advanced by the purchaser
- Interest, on the purchase price, from the tax sale date to the date of redemption
- When property is sold at an annual tax sale under the Local Government Act, all rights held by persons who, at the time of the tax sale, were an owner of the property or the registered owner of a registered charge on the property, immediately cease to exist, except as follows:
- The right of redemption
- The right to bring an action to set aside the Tax Sale
- The right to possession
- During the redemption period, the registered owner at the time of the tax sale retains the right to possession, and may reside at the property for up to one year from the date of the tax sale. The purchaser has the right to enter the property only to maintain it in a proper condition and to prevent waste during this period.
Property Not Redeemed
If a property sold at tax sale is not redeemed, the Collector registers the purchaser as the new owner with the Land Titles office. This cancels all previous registered charges, except for those set out in the Land Title Act.
2020 Tax Sale
Date: Monday, September 28, 2020 at 10am (Doors open at 9:30am)
Location: Frank Venables Theatre, 6100 Gala Street
Payment: Acceptable forms of payment include: certified cheque, bank draft or
Interac e-Transfer. (cash, debit and credit cards are not accepted.)
COVID-19: Protocols are in place and contact tracing information MUST be provided.
Properties on the tax sale list as of September 25, 2020:
Please check back to the Town’s website as this list will be updated prior to the tax sale.
Folio Number Legal Description Street Address Upset Price
555.00058.000 Lot 11, BL 7, DL 2450S, 012-430-277 6262 Main Street $7,117.07
555.05596.035 Lot 7, PL KAP27595, DL 2450S, 004-760-417 5886 Fairview PL $8,630.51
For further information, please contact Marcus Lebler at 250-485-6208 or email: firstname.lastname@example.org