HST & Canadian Taxes
Housing Tax Credits Aid First-Time Buyers and Seniors
Along with the temporary $10,000 tax credit the B.C. Government is offering to First Time Home Buyers, The BC Government is also offering a refundable personal income tax credit to assist seniors with the cost of permanent home renovations.
HST to drop on more new Homes to help the shift back to PST
BC will return to PST on April 1, 2013, which drops the 2% provincial portion of the HST on all new homes sold for $850,000 or less. Thus, the idea is that the two per cent tax rate will apply now in the form of the provincial portion of the HST on all homes under $850,000.It will then apply to homes built during HST, but sold under PST, in the form of the two per cent transitional tax. Read Full Article: HST to Drop on more New Homes to help the Shift back to the PST
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B.C. raises threshold of homeowner grant
Great news! The province is providing a Home Owner's Grant this year, which provides a reduction in residential property taxes. British Columbians who own homes may be eligible to receive the entire Home Owner's Grant this year. Application forms are available when property tax notices are issued in spring. Read full article to see if you are eligible for a Home Owner's Grant: [Read More]
Top 21 Grants and Rebates for Property Buyers and Owners
Read more to find out the top 21 grants and rebates for home buyers and sellers in British Columbia. From renting rebates to first time home buyers programs there is a rebate for you!
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Buyer’s Market Conditions Continue in Greater Vancouver
Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining
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Amazing Market Conditions
Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining
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