Upcoming Speculation Tax
Here's our latest video, where Jill and I discuss the upcoming Speculation Tax in British Columbia.
There are some big changes coming in 2022 to B.C. Stay in the know.
The speculation and vacancy tax is an annual tax based on how owners use residential properties in major urban areas in B.C.
This tax will go towards, as stated on the government website, to:
- turn empty homes into good housing for people who live and work in B.C.
- and support affordable housing initiatives
Here's the website we mention in our video: gov.bc.ca/gov/content/taxes/speculation-vacancy-tax
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