HST Update for New Home Purchases in BC…
Rebate Threshold and Transitional Rules for New Housing The Province is proposing to increase the threshold for the BC HST new-housing rebate from $400,000 to $525,000 to ensure that, on average, purchasers of new homes up to $525,000 pay no more tax due to harmonization than is currently embedded as PST. The government has also … Read more