Canada Speculation Vacancy Tender

More than 80 of declarations for the speculation and vacancy tax SVT have been completed and of those more than 90 were completed securely online in just a few minutes.Over 99 of British Columbians are exempt from the SVT. Those who have not already claimed their exemption are reminded to complete their declaration before the March 31 2019 deadline. The quickest and easiest way is to do so online www.gov.bc.caspectaxAll owners who have properties in areas where the SVT applies need to declare to claim their principal residence or other exemption for the SVT. If a property has more than one owner on title including a spouse or family member separate declarations must be made for each owner.Those requiring assistance can complete their declaration over the phone via the SVT call centre at 1 833 554-2323 toll-free CanadaU.S. or 604 660-2421 international from 8 a.m. to 8 p.m. seven days a week. Service is available in multiple languages.All residential property owners should have received a declaration letter with unique declaration and identification codes and clear instructions. If owners have not received a letter a SVT call centre agent will be able to help them find the necessary information to complete their declaration by the deadline.The SVT is a key part of the B.C. governments 30-point plan to restore housing affordability in B.C. by targeting foreign and domestic speculators who own homes in B.C. but do not pay tax here turning empty homes into housing for people and raising revenue to support affordable housing in communities where the tax applies.