The Town of Qualicum Beach offers a prepayment plan to allow tax payers to contribute a fixed monthly payment towards their estimated net property taxes for the following year.
How is my Prepayment Amount Calculated?
The maximum monthly prepayment is equivalent to the prior year’s taxes (gross less any Home Owner Grant Claim) divided by the number of months remaining to the month of May of the targeted tax year. For example, if their current year, gross property taxes were $2,300 and they had claimed a $770 Home Owner Grant, their monthly prepayment would be $139 ([$2,300 - $770] / 11), starting in July. If applying later in the year, the monthly calculated amount would increase. For more information, refer to the notes on the application form.
How to Apply for the Preauthorized Prepayment Plan
How to Cancel\Change the Preauthorized Prepayment Plan