Property Taxes

If you are deferring your taxes, applying for the homeowner grant, or declaring speculation and vacancy tax, you must do so with the Province of BC.

• Speculation and vacancy tax – Province of British Columbia
• Home owner grant – Province of British Columbia
• Property tax deferment program – Province of British Columbia

Property taxation is the most significant source of municipal revenue. The amount of money that is raised through property taxes each year is based on the budget (Financial Plan) approved by Council each year. A share of the total revenues required to fund operations is collected from each taxable property within the District, based on the assessed value of the property. Please note that only about half of the funds collected through the property tax notice are District revenues. The remaining half is collected on behalf of other agencies, including the Province of BC (School Tax), Capital Regional District, Capital Regional Hospital District, BC Assessment, the Municipal Finance Authority, and BC Transit.

Property tax notices are mailed to residents in late May each year. If you have not received your property tax notice by the end of the first week in June, please ensure your mailing address is up to date (this is done through BC Assessment).

To view your property tax balance owing, you can create an Online Services account.

Property Assessment (Valuation)

BC Assessment is an independent body that provides market value information on the properties to be taxed within the District of North Saanich. Notices of assessed values are mailed to each property owner at the end of December. These values may be appealed to the Property Assessment Review Panel (through BC Assessment) no later than January 31. For further information regarding property assessments, please refer to the BC Assessment website.

The values provided annually by BC Assessment are used to determine the tax rates that will generate the revenue required for District operations, as determined in the Financial Plan.

Tax Rates

Local government statistics for tax rates, tax burden and property assessments: Municipal Tax Rates & Tax Burden

Home Owner Grants

Property owners who occupy a property as their principal residence may be eligible for a Provincial Home Owner Grant (HOG) to reduce their property taxes. If you are eligible for the grant, an application must be filed each year with the Province of BC in order to claim the grant. If you are not eligible, please do not submit an application.

As of January 1, 2021, municipal governments in BC are no longer accepting HOG applications (retroactive or new). Instead, homeowners must claim their grants directly with the Province of BC online or by phone at 1-888-355-2700.