Waiver of interest and penalties on insurance taxes

You may request a waiver of interest and penalties on insurance taxes if they were caused by circumstances beyond your control or our actions, such as:

• Disasters, such as flood or fire
• Civil disturbances or disruptions in services, such as a postal strike
• Serious illness or accident
• A delay in our process caused you to not be informed within a reasonable time that an amount was owing
• An error in information we provided caused you to file a return or make payment(s) incorrectly
• There was a delay in our ability to make the information you needed to file a return or make a payment available to you

Request a waiver

To request a waiver, you or your authorized representative need to write a letter and provide the following information:

• Your name, address and account number
• For licensed insurers, the taxation year(s) involved
• For unlicensed insurance, the policy number, term and the contract start date
• The facts and reasons why the interest or penalties should be waived due to circumstances beyond your control or our actions
• Any supporting documents or correspondence
• If applicable, a completed Authorization or Cancellation of a Representative (FIN 146) (PDF, 260KB)

You can send your request and supporting documents for the waiver by:

• Email

ITBTaxQuestions@gov.bc.ca

• eTaxBC

Contact the Ministry by logging on to your eTaxBC account

• Mailing address

Ministry of Finance
Income Taxation Branch
PO Box 9444 STN Prov Govt
Victoria B.C. V8W 9W8

• Courier address

Ministry of Finance
Income Taxation Branch
1802 Douglas Street
Victoria B.C. V8T 4K6

When your request is reviewed, the following facts will also be considered when we make our decision:

• Your compliance history
• If you exercised a reasonable amount of due care and weren’t negligent or careless
• If you acted quickly to remedy any delay or omission