The Home Owner Grant is a provincial government program designed to help homeowners reduce the property taxes of the home in which they reside.
The Basic and Additional Grants are available to Canadian citizens or landed immigrants, who ordinarily reside in British Columbia and occupy the home as their principal residence and meet the eligibility requirements. These are the two types of grants available to Whistler residents.
- The Basic Home Owner Grant is $770 for owners of properties with assessed values less than $1,650,000. The Home Owner Grant is phased out at a rate of $5 for each $1,000 of assessed value in excess of $1,650,000. Properties with an assessed value greater than $1,804,000 do not qualify for the Basic Home Owner Grant.
- In addition to the basic grant, the Additional Grant can reduce your property tax by a further $275, for a total of up to $1045. However, it cannot reduce the amount payable to below $100. The additional grant will be reduced by $5 for each $1,000 of assessed value in excess of $1,650,000. Therefore, properties with an assessed value greater than $1,859,000 do not qualify for the grant.
You must apply for the Home Owner Grant every year on or before the tax due date. Home Owner Grants not claimed by the tax due date will be subject to penalties, as they are considered unpaid taxes.
Claim your Home Owner Grant online HERE.
For information on eligibility requirements, please visit the Province's, Home Owner Grant Program website.
