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| ASSESSMENT |
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BC Assessment Authority is an independent body that provides market value information on the properties to be taxed within the Town of Sidney jurisdiction. Notices of assessed values are mailed to each property owner at the end of December. These values may be appealed to the Property Assessment Review Panel (through BC Assessment) no later than January 31st.
The assessment values provided by BC Assessment are used to determine the tax rates required to generate the taxation revenue determined by Council in the Financial Plan. It is important to note that a large general increase in assessed value will not necessarily result in a large tax increase as the tax rates are based on the overall assessed values for the Town and on the revenue required each year. For further information regarding property assessments, please refer to the BC Assessment website. |
| TAX NOTICES AND RATES |
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Tax Notices are mailed out the middle of May with payment due the first business day of July. |
| HOME OWNER GRANT (HOG) |
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If you are eligible for the HOG, an application must be filed each year in order to claim the grant. |
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Explanatory Notes |
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If you are eligible for the HOG you may now claim it directly through our website. You will need your folio number and access code from your tax notice. Go to our Online Services and follow the instructions on screen.
If you prefer, you may still claim the grant manually. Just complete the form attached to your tax notice, or download a blank form below: |
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Home Owner Grant Form |
| Complete your application form and mail it to: |
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Attention: Tax Department
Town of Sidney
2440 Sidney Avenue
Sidney, B.C. V8L 1Y7 |
| You may qualify if you are: |
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- Age 55 or older
- A widow or widower
- A person with disability as defined by regulation
- Experiencing financial hardship
- Financially supporting children under 18
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| Please visit the provincial deferment website for more information. |
| PAYMENT OPTIONS |
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In person at Town Hall. Cash, cheques, and debit card payments are accepted, but not credit card |
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Pay your taxes at your bank |
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Internet banking, if you have made arrangements with your banking institution |
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Mail your payment along with your completed Homeowner Grant Application |
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Cheques post-dated no later than the due date are accepted by the Town of Sidney |
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Drop box at the Town Hall |
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Tax Installment Payment Services (see below) |
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| TAX INSTALLMENT PAYMENT SERVICES |
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Monthly property tax payments can be easily made through the Town's Pre-Authorized Payment Plan. This program allows property owners to make automatic monthly payments towards the next year's taxes. To subscribe to this service, complete an authorization form available from the finance department at the Town Hall and submit it to the finance office with a cheque marked "void". |
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Tax Prepayment Auhorization Form |
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| PENALTY ON OVERDUE TAXES |
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The payment date to avoid a 5% late payment penalty is the first business day after July 1st. A second 5% late payment penalty is assessed in September on outstanding balances as of the first business day of the month. These penalties also apply to unclaimed Home Owner Grants. It is not necessary to make a payment in order to claim the grant. |
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INTEREST ON PREPAID TAX INSTALLMENTS |
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Regardless of the payment method, interest is credited to your account in the same way. Beginning in August each year, the Town will begin paying monthly interest on your pre-payment account balance. The rate used is 2.5% below prime. This interest is considered a tax discount by the Canada Revenue Agency and is tax-free to you. |
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