The British Columbia Speculation and Vacancy Tax is an annual tax designed to turn vacant homes into housing for people. Use this tool to estimate your potential 2026 liability and understand the new 1% and 3% tax rates.
| Applied 2026 Tax Rate | 1% |
| 2026 BC Resident Credit | $4,000 |
The B.C. government increased rates (from 0.5% to 1% for residents, and 2% to 3% for foreign owners) to further discourage empty homes and increase long-term rental supply.
If you owe tax, you must pay by July 2, 2026, to avoid a 10% penalty.