If your budget is currently stretched tightly, as it is for many of us on occasion, it will likely be a good idea to bone up on the Property Tax Deferment Program, which exists to serve residents of the Nakusp region as well as all other qualified applicants stationed throughout the province.
If you are a BC homeowner aged 55 years and over who is seeking a way of delaying payment of your annual property taxes on your principle residence, it may be well worth checking out eligibility criteria prior to filing your application.
To begin with, note that not only the homeowner but also the surviving spouse of any age may benefit as well as a person who has been designated by the Ministry of Social Development and is registered as having a disability.
In this case, an applicant with a disability would be required to supply a disability certificate form completed by their physician, demonstrating that the applicant may be eligible to take advantage of this program.
Deferred taxes are paid by the Province to the taxing authority (Village of Nakusp, other municipalities if applicable, or a provincial collector), on your behalf.
It is essential to take into account, however, that the deferred property taxes along with the interest must be repaid to the Province, and if applicable, an administration fee. For more information including the disability form and other eligibility criteria, drop in to the Service BC office (located across from the Nakusp Community Bus service office) for helpful in-person assistance.