Pay Property Taxes
Property taxes are payable by the due date printed on the tax notice. If your payment is late a ten percent (10%) penalty is applied to unpaid current year taxes, including unclaimed Home Owner Grants.
- To avoid penalty, your payment and Home Owner Grant application must be received by the due date.
- The Home Owner Grant must be applied for each year. It can be claimed online and in person by the due date.
- It is not necessary to make a payment in order to claim the grant.
There are multiple ways to pay your property taxes:
The Property Tax Pre-Authorization Plan is an optional payment plan that allows taxpayers to make up to 10 equal monthly payments between August 1 to May 1 by authorizing automatic withdrawals from your chequing account. The amount of pre-payment may be up to 95% of the previous year’s net property taxes, after any applicable Home Owner Grant is deducted. This plan also offers interest from January 1 through to the tax due date.
You can start your payments at any time by completing and submitting an application form and a void cheque or a pre-authorized payment form from your financial institution.
Municipal Hall Tax Office
2167 Oak Bay Avenue, 8:30am - 4:30pm Monday to Friday.
Cash, cheque and Interac are accepted; however, credit cards are not accepted. An after hours drop box is also located at the front entrance doors of Municipal Hall. The locked drop box is emptied and processed daily.
Mail remittances to 2167 Oak Bay Ave, Victoria, BC, V8R 1G2. Payment must be received at the Oak Bay Municipal Hall by the tax due date or, if mailed within Canada, with a legible postmark dated prior to the date shown on the back of the tax notice, to avoid penalty. Please note if this option is chosen, mail lost by the Post Office will be subject to penalties
At most Canadian financial institutions you can pay in person, by phone or internet banking and at most Automated Bank Machines (ATM’s).
If you are paying by one of these methods and you are eligible for the Home Owner Grant, you must complete your Home Owner Grant application and mail or deliver it to the Oak Bay Municipal Office. Home Owner Grants may be claimed online. Applications and payments must be received by the tax due date to avoid penalty.
Warning regarding paying by one of these methods: If you pay AFTER your financial institution’s local cut off time on the due date, your payment they will be processed with a “payment date” equal to the next business day.
Pre-Authorized Withdrawal Plan
You may make prepayments of up to 95% of the previous year’s net property taxes, after any applicable Home Owner Grant is deducted. If you prepay your taxes in full or in part, your account will be credited with interest from the prepayment date, or January 1, whichever is later, through to the tax due date. The interest rate is set each December 15th for the following year. You can only prepay your taxes if you have no unpaid taxes from the previous years.