Expert Tax Accountants in Prince George

Property tax bills come from your municipality, not the CRA, so ask the city or town that issued it. Most municipalities let you view, print and download bills and statements through an online property tax account opened with your roll number and address, and will reissue a copy by mail or email on request. If property tax is collected with your mortgage payment, your lender's annual statement shows the amount paid on your behalf.

Employment Insurance benefits are taxable income, so what lands in your account is less than the gross weekly rate Service Canada quotes. Tax is withheld at source, but the withholding often assumes EI is your only income, so if you also worked during the year you can still owe at filing time. Service Canada issues an EI benefits slip at year end, which you report on your return. Set aside a cushion.

For the 2025 personal tax year the balance is due 30 April 2026, even if you are self-employed and file by 15 June 2026. Employees pay through payroll deductions across the year, while the self-employed and people with investment income may owe quarterly instalments. A corporation's balance is due two months after year end, or three months for an eligible CCPC claiming the small business deduction. Interest runs from the day after the due date.

It is an annual British Columbia tax on residential property in designated urban areas that sits empty. Every owner of residential property in those areas has to file a declaration each year, even when fully exempt, or be billed by default. The usual exemptions are using the home as your principal residence or renting it to a tenant for at least the minimum period the rules require. The rate differs for Canadian residents and foreign owners.

Tourism tax and hospitality tax are loose labels for the levies added to accommodation and travel spending in Canada: a municipal accommodation tax, a destination marketing fee set by a hotel association, or a provincial accommodation levy. None is a federal tax, so the rate and the name depend on where you stay. GST/HST applies to the accommodation as well. Charges labelled a marketing fee may be voluntary rather than a tax, so ask the property.

Buying a used passenger vehicle privately in British Columbia costs 12% PST for 2026 on a purchase price below $125,000, rising to 15% from $125,000 to $149,999.99 and 20% at $150,000 and over. No GST applies to a private sale between individuals. Buy from a dealer and PST instead starts at 7% below $55,000, stepping through 8%, 9% and 10% up to $124,999.99, then 15% from $125,000 to $149,999.99 and 20% at $150,000 and over, plus 5% GST.

No. A private appraisal you order for a mortgage, a separation or an estate is a report to you and is not sent to the assessment authority, so it does not move your property tax bill. Municipal tax is billed on an assessed value set by the provincial assessment body on its own cycle. Renovation permits, a reassessment or a sale can change that value. For income tax, an appraisal only documents value; it creates no tax by itself.

There is no single cut-off. The Canada Child Benefit starts from a maximum per child and is reduced once adjusted family net income passes a first threshold, at a reduction rate that depends on how many children you have, with a different rate applying above a second threshold. A family with several children can still receive something at a fairly high income, while a one-child family phases out sooner. The CRA's child benefit calculator gives your own figure.

Basic groceries are zero-rated across Canada, so no GST is charged on them. Restaurant meals and other prepared food are taxable and carry GST. British Columbia does not apply its provincial sales tax to food for human consumption, so a restaurant bill normally shows GST only, while alcohol and sweetened carbonated drinks are taxed under separate provincial rules. Snack foods, candy, catering and heated takeaway follow the taxable side of the grocery rules.

Yes. On top of the general 1%, 2% and 3% bands, British Columbia charges a further 2% on the portion of a residential property's fair market value above $3,000,000, so that top slice is taxed at 5% in total for 2026. On a mixed-use property the extra 2% applies only to the residential part. It is separate from the additional tax on foreign buyers, which can apply as well.

Most lottery and casual gambling winnings, gifts and inheritances, GST/HST credit and Canada Child Benefit payments, TFSA growth and withdrawals, and life insurance death benefits are not taxable. Some non-taxable items still need a line on the return: the sale of a principal residence must be reported even when the whole gain is exempt, and workers' compensation and social assistance are reported and then deducted. When you are unsure, report the amount and claim the offset.

Yes, but through your municipality rather than the CRA. Cities and towns run their own property tax portals where you can see the account balance, instalment dates and past bills using the roll or account number from your tax bill, and many also show the assessed value from the provincial assessment body. Property tax is not reported on a T1, though it can matter for a home-office claim or a provincial property-tax credit.