Thursday, May 16, 2013

Taxation Comparision on a property in 3 Different Tax Jurisictions

Examples of the same priced Property for 2012 and 2013 in three different cities:
  • Vernon            2013 Property Tax Mun. & Reg. Dist = $2,173.78
  • Coldstream     2013 Property Tax Mun. & Reg. Dist = $1,817.30
  • Kelowna         2013 Property Tax Mun. & Reg. Dist = $2,080.41
 ----------
 Don Quixote Note:
Links to the 3 different tax calculators that you can use to see how your property would fare are on the right side of the blog.

Appears Kelowna pays about $40 more in School Taxes but abour $110 less in School Taxes also. The comparison used for this $516,000 property are for Municipal & Regional District Taxes only.
  •  In 2012 there was a $304.02 difference between Vernon and Coldstream. (You paid more in Vernon). In 2013 this difference increased to $356.48.
  • In 2012 there was a $68.03 difference between Vernon and Kelowna. (You paid more in Vernon). In 2013 this difference increased to $93.37.

No comments: