Property Taxes are due on July 4, 2023.
First, claim your Homeowner Grant if you are eligible. The homeowner grant must be claimed online; paper grant forms will not be accepted in 2023. (Read more about the homeowner grant)
Information you will need to begin:
Jurisdiction: Colwood jurisdiction is 213
Roll Number: is the Folio number from your property tax notice
Then, pay your taxes using one of the methods below. Property taxes are due July 4, 2023. If your payment is late a ten percent (10%) penalty is applied to the unpaid amount, including unclaimed Home Owner Grants.
- To avoid penalty, your payment and Home Owner Grant application must be received by the Property Tax Payment Due Date.
- If eligible, the Home Owner Grant must be applied for each year and must be claimed online.
Ways to pay your taxes from quickest to slowest
1) Pay online or by phone through your financial institution and get an instant confirmation
To set Colwood up as a payee on your online banking system, search for “Colwood” and select the City account. (Check this list of Colwood payee names each bank uses.)
You will need to enter the folio number (without the decimal) from your property tax notice to ensure that the payment is applied to your tax account. We encourage you to arrange payment early to avoid penalty.
2) Pay in person at your financial institution
Bring your tax notice up to the teller to pay.
3) Pay by mail
Detatch and include the bottom portion of your tax notice, or write the folio (roll) number on the face of your cheque. Make cheques payable to City of Colwood and mail to 3300 Wishart Road, Colwood, BC V9C 1R1.
4) Bring your cheque to the 24-hour drop box at Colwood City Hall
The drop box is at the front door of Colwood City Hall at 3300 Wishart Road. Please detach and include the bottom portion of your tax notice or write the folio (roll) number on the face of your cheque.
5) Prepayments - Taxes in the current year must be paid in full prior to the start of a new PAP application
You may choose to pre-pay your taxes by providing the City with monthly cheques post-dated for the 1st or the 15th of each month or by pre-authorized debit payments. No interest is paid on these payments. The monthly pre-payment program includes 10 fixed amount withdrawals on the first business day of each month beginning August 1. The pre authorized (PAP) program begins in one calendar year (i.e.. August 2022, and PRE PAYS taxes for the following tax cycle, i.e.. 2023). Taxes in the current year must be paid in full prior to the start of a new PAP application. Fixed amounts are based on current gross tax amount divided by 10. There is no withdrawal in the month of June and the balance owing will be drawn on the first business day in July. Please submit a copy of this Pre-authorized Debit Payment enrollment form, along with a void cheque, directly to City Hall in person, by mail, or in the 24 hour mail slot located at the entrance to City Hall. Don't hesitate to contact us for additional information at 250-294-8150 or at email@example.com.
6) With your mortgage payment
Your financial institution can pay your taxes on your behalf if you have made such an arrangement through your mortgage agreement. Contact your mortgage company for further information.
7) Tax Deferment
If you are 55 or older, a surviving spouse, or a person with a disability, you may be eligible for the Province of BC Property Tax Deferment program. Deferment now has the option to “automatically renew” your application to avoid submitting an application each year, however; you still need to claim your home owner grant each year and PAY the sewer user fee to the City of Colwood (utility fees cannot be deferred), if applicable, prior to application moving forward. Contact Colwood Finance if you require additional information 250-294-8150. The Province of BC also offers a Families with Children deferment program for taxpayers who meet specific criteria. For detailed information on the programs, visit the Property Tax Deferment program website or contact the Province at 1-888-355-2700 or TaxDeferment@gov.bc.ca.
8) In person at City Hall
City Hall is open Monday-Friday, 8:30am - 4:30pm. Acceptable payment methods include:
- Personal cheques - payable to City of Colwood
- Post dated personal cheques. Please note that dishonoured cheques constitute non-payment of taxes and will be subject to penalty, interest and a returned cheque fee.
- Money orders
- Bank drafts
- CREDIT CARDS ARE NOT ACCEPTED FOR PAYMENT OF PROPERTY TAXES, however cash advance cheques (provided by credit card companies) are accepted.