When Property Taxes Are Due
Property Taxes are due by 4:30pm on the first working day after July 1st.
2020 Property Tax Due Date: July 2, 2020
10% Penalties are applied to outstanding current taxes at the close of business on the due date (** see details below). This includes all amounts relating to unclaimed provincial grants.
** 2020 Property Tax Penalty Dates:
Please note that the 2020 penalty date varies depending on your property class:
- Class 1, 2 or 3: for properties with an assessment in Class 1, 2, or 3 only, a penalty of 10% will be added to any unpaid balance after July 2, 2020.
- Class 5, 6, or 8: for properties with any assessment in Class 5, 6, or 8, a penalty of 10% will be added to any unpaid balance after September 30, 2020.
Property Tax Rates
Property taxation is the most important single source of municipal revenue. The amount of money that is to be raised through property taxes, and a portion of the tax rate, is set by Council each year. The tax rate together with the assessed value of the property determines the amount of property tax payable each year. Tax rates are expressed in dollars per thousand. A rate of $10 per thousand means that the property owner would pay $10 for every $1,000 of assessed value.
Any Nelson Hydro accounts that are delinquent at the end of the calendar year will be added to the property taxes.
The value of your property, as assessed by the BC Assessment Authority, is multiplied by the tax rates as set out by each of the taxing jurisdictions to determine your property taxes. Questions relating to your property assessment should be referred to the BC Assessment Office.
The municipality acts as the collection agency for school taxes. School taxes on residential property are to be paid to the local school board, while other taxes are paid to the provincial government.
Other Agencies on Your Tax Notice
Several public agencies affect the property tax rate and the amount of property tax collected by the City of Nelson each year. The municipality does not have control over the tax rates set by other agencies for which we collect taxes on behalf of. More information on these agencies is available through their websites: