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 Home Owner Grant is 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. There are two types of grants available to Belcarra residents.

The Basic Home Owner Grant is $570 for owners of properties with assessed values less than $1,150,000. The Home Owner Grant is phased-out at a rate of $5 for each $1,000 of assessed value in excess of $1,150,000. Therefore, properties with an assessed value greater than $1,264,000 do not qualify for the Basic Home Owner Grant.

In addition to the Basic Grant, the Additional Home Owner Grant can reduce your property tax by a further $275, for a total of up to $845. 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 $1,150,000. Therefore, properties with an assessed value greater than $1,319,000 do not qualify for the grant.

To claim a grant, you must complete and submit an application form. Complete and mail the form on the reverse side of your tax notice to the Village of Belcarra. Please be sure to complete the entire form, including your name, address, telephone number, current date, signature and birth day if you are 65 or over during the calendar year.

You must apply for the Home Owner Grant every year on or before the tax due date. A Home Owner Grant not claimed by the tax due date may be subject to penalties as they are considered unpaid taxes.

Please visit the Home Owner Grant website for additional information on eligibility requirements for the Basic and Additional Home Owner Grant.

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