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BC Seniors Advocate Isobel Mackenzie is urging senior homeowners struggling with the rising costs of living and aging to consider deferring their 2023 property taxes.

The BC Property Tax Deferral Program allows homeowners 55+ to defer all or some of their annual property taxes. The Province pays the tax to the local government on behalf of the senior homeowner and the deferred taxes are repaid to the Province when the home is sold.

“Eight out of ten seniors in B.C. are homeowners with modest or low incomes and are finding it very hard to keep up with rising costs. Almost half of B.C. seniors live on an income that is less than minimum wage,” said Isobel Mackenzie, BC Seniors Advocate. “Seniors who defer their property taxes can put as much as $500 per month back in their pocket to help pay for the costs of aging such as medications, mobility aids, personal care support and other activities of daily living which are vital for people as they get older.”

Learn More about the BC Property Tax Deferral Program:

News Release
https://www.seniorsadvocatebc.ca/app/uploads/sites/4/2023/05/NR-Property-Tax-Deferral-May-29.pdf

Contact the Office of the Seniors Advocate by calling toll-free 1 877 952-3181, BC211 or via email at info@seniorsadvocatebc.ca,

BC Property Tax Deferral Program:
https://www2.gov.bc.ca/gov/content/taxes/property-taxes/annual-property-tax/defer-taxes
Office of the Seniors Advocate report BC Seniors: Falling Further Behind: https://www.seniorsadvocatebc.ca/osa-reports/falling-further-behind-income-and-affordability-gaps-of-b-c-seniors/