Property Taxes

Paying Your Property Taxes

Property tax notices are mailed in late May. The due date for the 2020 Property Taxes is Thursday, July 2, 2020.

To avoid having to pay a penalty*, payment of property taxes and a completed Home Owner Grant must be received in the Municipal Office by July 2, 2020.

*The penalty fee for residents, utilities and farms is 5% on all unpaid amounts on July 3, 2020, plus a further 5% penalty fee on all outstanding balances as at October 1, 2020. For commercial, recreation and other accounts, a 10% penalty fee will be applied on all unpaid balances as at October 1, 2020.

If you have not received your property tax notice by late May or early June, please contact us at 604-886-2274 before the due date; it is the responsibility of the property owner to pay property taxes by the due date in order to avoid a penalty, whether or not a bill was received.

New owners who have not received a property tax notice are advised to contact the Finance Department.

How do I pay my taxes? To get the answer to this and other frequently asked questions click here.

How do I claim my Home Owner Grant?

Property Tax Deferment Program:

The Province of BC has revised the application and renewal process for the deferment of property taxes.

This means that the Town of Gibsons will no longer accept paper-based tax deferment applications or renewals. All property tax deferral applications must be submitted directly to the BC government.

Starting May 1, 2020, residential property owners can apply for property tax deferment on their principal residence online, quickly and easily. And for the first time, owners will be able to auto-renew their application. For information about how to defer your property taxes, please click here.

If you have any questions or require Property Tax Deferment support with these new procedures or to discuss your deferment agreement, please contact the Property Tax Deferment office at 1.888.355.2700 (toll-free within Canada) or 250.387.0555 (outside Canada).

**Please note: if you do choose to defer your taxes, you are still required to claim your Homeowner Grant.

BC Assessment’s Role in Your Property Taxes

Property Taxes are calculated based on the assessed value of your property, which is provided by BC Assessment. The following helpful links and videos have been provided to us by BC Assessment and are a great place to start if you have questions about how the assessed value of your property affects your property taxes.

BC Assessment web links:

Property Assessments and Property Taxes: A not-so complicated relationship

The Property Tax Equation

How BC Assessment Works

BC Assessment Videos:

Your property value change and property taxes

Understanding Property Assessments & Property Taxes

How are property taxes calculated?

How are taxes calculated if assessment values change?

If you have questions about your assessment, please contact BC Assessment directly at 1-866-825-8322 or visit their website.

The Role of Local Government in Your Property Taxes

Your property tax notice includes municipal taxes and levies from the Sunshine Coast Regional District and School District No. 46. The Town does not control rates for these taxing authorities, but acts as the collector on their behalf. Gibsons Council has control over the rate setting of municipal taxes only.

The graphic below shows that the Town of Gibsons retains just 44% of the total property taxes it collects. The balance is distributed to five other governmental agencies, which each set their own tax rates.

 

Where does the funding for the Town of Gibsons’ 2020 Budget come from?

The property taxes that the Town of Gibsons retains makes up approximately one-third of its annual operating revenues. The water and sewer user fees (which are billed twice annually via your Utility bill) make up about another third, with the additional operating revenue coming from grants, sales of service and other sources.

Where does the funding for the Town of Gibsons’ 2020 Budget go?

The operating revenue collected by the Town is used to fund a full range of municipal services, including water, sanitary sewer, infrastructure maintenance, planning services (such as issuing building and development permits) and the staffing required to deliver these services.

Property Tax Certificates:

Are you a lawyer or Notary Public looking for a Property Tax Certificate?  Our Tax Certificates are conveniently available online through:

  • myLTSA Enterprise:If you have an account, log in and from the main menu, select Service Providers and Order Tax Certificates. For more information about myLTSA or to become a customer, visit www.ltsa.ca
  • APIC:If you prefer to pay for the tax certificate by credit card, please visit www.apicanada.com to open an account and order your Tax Certificate.
Annual Tax Sale:

In accordance with the Local Government Act, the Town of Gibsons is required to conduct an annual tax sale on the last Monday in September by offering for sale by public auction each parcel of real property on which taxes are delinquent. This year, in response to the potential impacts of the COVID-19 pandemic, the Province of BC enacted Ministerial Order M159, which enabled municipal Councils, by bylaw, to defer the 2020 Tax Sale to September 27, 2021. On July 21, 2020, Council adopted Bylaw 1283 to defer the Tax Sale to September 27, 2021.

Tax Sale Terms and Conditions