The Province has announced that as part of its package of relief
for businesses it will reduce school tax rates for commercial
properties (Classes 4 – Major Industry, 5 – Light
Industry and 6 – Business & Other) by 50% for the 2020
tax year.
The Property Assessment Appeal Board has announced that in
conjunction with the Provincial extension of limitation periods,
the Board is extending the deadline to file appeals from the
decisions of Property Assessment Review Panels from April 30 to
June 1, 2020.
Although the Mayor of Vancouver is reported to have announced
that property tax payments for businesses and individuals will be
deferred by 60 days, Vancouver’s property tax website does not
yet reflect this change, and continues to indicate main taxes are
due July 3, 2020.
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about your specific circumstances.