MUNICIPAL TAX RELIEF re PROPERTY TAXES

Are any property tax relief programs available?

http://www.rev.gov.bc.ca/rpt/property_tax_deferment.htm Property Tax Deferment Program
Property Tax Deferment is a low interest loan program that assists qualifying BC homeowners in paying the annual property taxes on their homes. Presently 11,000 households defer property taxes under the program, which began in 1974.
Certain conditions must be met in order for a tax deferment application to be approved. For qualifications for Property Tax Deferment,http://www.rev.gov.bc.ca/rpt/DetailedPages/property_tax_deferment_qualifications.htmFor information on how to apply for tax deferment, http://www.rev.gov.bc.ca/rpt/DetailedPages/how_to_apply_for_property_tax_deferment.htm Simple Interest charges apply to deferred taxes. Deferred taxes, administration fees and interest must be paid to close your deferment account. for information on how to repay your deferred taxes. for BROCHURE see http://www.rev.gov.bc.ca/rpt/Brochures/PTDView.pdf
For more information on tax deferment, contact the taxing authority or government agent office in your area. See also the Fact Sheet on http://vernonblog.com/exit.php?url_id=2742&entry_id=1425 Special Assessments for certain long term residents.
The INTEREST RATE REGULATION for the Land Tax Deferment Act - effective April 1, 2006 has now been deposited. The interest rate for the period April 1, 2007 to September 30, 2007 is 4%.