Conservation tax break
Lasqueti Island landowners can now conserve their land, while reducing their annual property taxes.
The Islands Trust and the Islands Trust Fund announced the Natural Area Protection Tax Exemption Program (NAPTEP) is expanding to Lasqueti Island and its associated islands.
Landowners who participate will receive a 65 per cent property tax reduction on portions of their land protected by a conservation covenant. This will conserve the land permanently, extending to future owners of the land.
Communications and fundraising specialist with the Islands Trust Fund, Christine Pritchard, said the land in the local trust areas fall within the Coastal Douglas Fir Zone, home to some of B.C.’s most sensitive and diverse ecosystems. As long as the land is relatively undisturbed, it will qualify for the program, she said.
For details, call 250-405-5186 or Enquiry BC at 1-800-663-7867.
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