Property owners in British Columbia must submit their Speculation and Vacancy Tax declaration by March 31, 2025, for the 2024 tax year—even if the property qualifies for an exemption, such as being your principal residence. Any tax owed must be paid by July 2, 2025. Failing to file on time may result in penalties or an automatic tax assessment. For further details, refer to your January notice or contact the Speculation and Vacancy Tax office
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