The Empty Homes Tax (EHT) is a housing policy designed to encourage property owners to rent out unused residential properties instead of leaving them vacant. The goal is to increase the available housing supply and improve affordability in high-demand areas.

If a property sits vacant for most of the year, the owner may be required to pay additional tax.

Where Does the Empty Homes Tax Apply?

Not all areas in BC have the same rules.

For example:

• Empty Homes Tax applies within Vancouver
• Speculation and Vacancy Tax applies across several BC regions
• Some municipalities have introduced their own local vacancy taxes

Because these programs are separate, a property may be subject to more than one vacancy-related tax depending on location.

When Does a Property Count as “Vacant”?

Generally, a property may be considered vacant if:

• it is not used as a principal residence
• it is not rented for a minimum required number of months per year
• it remains unoccupied for extended periods

Each tax program defines vacancy slightly differently.

Who Needs to Declare Each Year?

Even if no tax is owed, property owners in affected regions must usually submit an annual declaration confirming how the property was used.

Missing the declaration deadline can result in penalties.

Why This Matters for Property Owners

Many homeowners will assume vacancy taxes only apply to investment properties. However, they may also apply to:

• secondary homes
• inherited properties
• temporarily vacant residences
• homes under renovation (depending on duration)

Reviewing your property status each year helps avoid unexpected tax charges.  Need help completing or understanding the EHT?  Reach out to Philip and the team here at KC Notary & Co.