As the deadline approaches for BC homeowners to pay property taxes, BC Seniors Advocate Isobel Mackenzie is encouraging seniors to consider property tax deferment as a way to stay living independently. BC’s Property Tax Deferment program allows individuals, including senior homeowners, to defer paying taxes for a low simple interest charge (currently 0.7%) that accrues until they withdraw from the program voluntarily, upon ownership transfer, or upon death.
Read more in the press release from the BC Seniors Advocate.
