Tax Rates

What is the Property Tax Rate?

General definition: Property Tax Rate (also known as the mill rate) is the amount of tax payable per dollar of the assessed value of a property. 

  • Used to calculate the amount of property tax for each property
  • Determined each year using all the assessed values of all the properties in Maple Ridge
  • The Residential Mill Rate in the Property Tax Levy Summary (above) is the amount of tax payable per $1000 dollars of assessed value
  • Each Property maybe subject to some flat rate charges as well for various services


Property Tax Chart

BC Additional School Tax on High-Valued Properties

  • Provincial Additional School Tax was first levied in 2019 
  • Applies to most high-valued residential properties in the province, including:
    •  Detached homes
    •  Stratified condominium or townhouse units
    •  Vacant land
  • Does not apply to non-stratified rental buildings with four or more housing units
  • Mixed-use properties, only the residential portion of the property’s assessed value above $3 million will be taxable
  • If you believe your property should be exempt from additional school tax, please contact 1-888-355-2700 or Service BC

How is the additional tax rate calculated?

  • 0.2% tax rate on the residential portion assessed between $3 million and $4 million
  • 0.4% tax rate on the residential portion assessed over $4 million

For more Information:
Website: https://www2.gov.bc.ca/gov/content/taxes/property-taxes/annual-property-tax/school-tax
Toll Free: 1 888 355-2700
Email: mailto:ruraltax@gov.bc.ca