Personal Finance

BC Property Tax Grant question

  • Last Updated:
  • Jun 6th, 2012 10:57 am
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Sr. Member
Jan 19, 2009
893 posts
35 upvotes

BC Property Tax Grant question

So looking at this years property tax and it says the basic grant is $445. Previous years the grant was $570 and on the back of the property tax it says "if the current tas year is over $950, the basic home owners grant is $570....so what is this 445.00 cr under home owner grant on the front about? is it 445 + the 570?
1 reply
Newbie
Aug 25, 2010
3 posts
1 upvote
On my form the grant is broken out into 2 lines "Less N&R Home Owner Grant' and "Less Residual N&R Home Owner Grant" which should add up to $570 for you. As long as the different between column A and column B is what you except there's nothing to worry about.

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