We recommend monthly prepayment of taxes. Pre-authorized payments are withdrawn automatically for ten months on the first of each month (except in June and July).
- Complete the Pre-authorized Payment form
- Attach a void cheque
- Submit the completed form and void cheque to:
Benefits of prepaying property taxes
- Interest is earned on the prepaid amount and is applied to your taxes on December 31 and April 30 of each year. The rate of interest is based on the prime lending rate of the principal banker to the Province of BC. Interest is not paid from May 1 to July 4.
- Paying on a monthly basis helps maintain a consistent cash flow and easy-to-maintain household budget.