Explaining the BC First Time New Home Buyers Bonus
If you are a first time home buyer in BC and you think you may be buying a brand new home (includes new condos and townhouses as well as single family homes) in the next year or so, then the BC government has something special for you in their latest budget.
Buyers who meet the qualifications can receive a 5% income tax credit, to a maximum of $10,000 when they purchase a brand new home in BC before April 2013. For more info, see the follow link: http://www.bcbudget.gov.bc.ca/2012/homebuyers/2012_First_Time_Home_Buyers_Fact_Sheet.pdf
Posted by Grant Wiebe
on February 22, 2012