Tag: BC Assessment
-
Nanaimo cidery fights tax hike after property reclassification
Summary: Cidery faces potential tax increase after land reclassified The owner of Big Bang Cider in Nanaimo, B.C., is challenging a recent property assessment that reclassified roughly 800 metres of his farm as light industrial. The shift could trigger higher taxes and alter how the land is used for business purposes, prompting concern from the…
-
Nanaimo Cidery Faces Possible Tax Hike After Property Reclassification
What happened A Nanaimo cidery is confronting a potential increase in property taxes after a portion of its farmland was reclassified by BC Assessment as “light industrial.” The change, affecting roughly 800 metres of the farm, has the owner worried about higher annual tax bills and the broader financial viability of the business. BC Assessment…
-
Nanaimo cidery fights property reclassification, fears tax hike
Big Bang Cider in Nanaimo challenges property reassessment Owners of Big Bang Cider in Nanaimo, British Columbia, are pushing back against a recent property assessment that reclassified about 800 metres of their farm as ight industrial, a move they say could trigger a tax hike. The change, issued by BC Assessment, shifts portions of a…