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Vancouver homeowners have 4 weeks left to confirm homes are not empty

Last Updated Jan 5, 2021 at 6:17 pm PDT

FILE -- Homes are pictured in Vancouver, Tuesday, Apr. 16, 2019. THE CANADIAN PRESS/Jonathan Hayward

Fewer than half of all Vancouver homeowners have declared their property status to avoid paying the Empty Homes Tax

If you don't file by Feb. 2, you could be fined $250

The tax only applies to homes occupied less than six months per year

VANCOUVER (NEWS 1130) — Vancouver homeowners have less than a month left to declare their property status to avoid paying the Empty Homes Tax.

The deadline is Feb. 2 and city staff say so far only 46 per cent have filed the appropriate paperwork.

And if you don’t file before the deadline you could be fined $250.

RELATED: Vancouver will triple empty homes tax for 2021

Homes occupied less than six months a year are subject to the tax which has seen the number of vacant properties drop 25 per cent over the last couple of years.

City staff are also reporting it’s generated more than $60-million dedicated to affordable housing initiatives.

For more information or to make a declaration, visit vancouver.ca/eht-declare.