VICTORIA – The B.C. government announced on April 8, 2011 the process by which British Columbians will cast their ballot in the HST referendum vote this summer. Key Dates: • Monday, June 13 – Elections BC starts mailing out referendum ballots for the HST to all registered voters. • ...
Posted by Sanjin Cvetkovic
on April 12, 2011
As the HST debate still rages and the referendum date closes in, the BC Government today announced the formation of an independent panel to search out once and for all (or so they hope) the definitive answer to so many questions and hopefully cool the hot debate on the HST front - should it stay or should it go. No doubt the HST issue is key to all political parties in an upcoming election ...
Posted by Mike Cook
on January 27, 2011
As the HST debate still rages and the referendum date closes in, the BC Government today announced the formation of an independent panel to search out once and for all (or so they hope) the definitive answer to so many questions and hopefully cool the hot debate on the HST front - should it stay or should it go. No doubt the HST issue is key to all political parties in an upcoming election ...
Posted by Mike Cook
on January 27, 2011
Apparently there is much confusion about the HST and real estate in BC. Have a read and remember, HST only affects NEW product, not resales so if you are buying a previously lived-in property, you won't have to pay HST.
Posted by Shaun Kimmins
on August 5, 2010
I wanted to touch base to remind everyone that BC’s new HST (Harmonized Sales Tax) is now in effect for goods and services purchased in BC. As of July 1 2010 most goods and services now have a total tax of 12%. The 12% is a combination of the Goods and Services Tax or GST (5%) and Provincial Sales Tax (7%) and is payable on real estate commissions. For those of you who’s offers were accepted ...
Posted by Shaun Kimmins
on July 13, 2010
BC HST’s Impact Vancouver Residential Real Estate: Could it Push Prices Up? By Mike Stewart, Vancouver Realtor
View on ExposureRoom
BC HST and Vancouver Real Estate: What will be the Impact?
First the Facts on BC HST! – There’s a commonly held misconception about British Columbia’s Harmonized Sales Tax and that is that BC’s HST is ...
Posted by Mike Stewart
on July 7, 2010
Vancouver Canada Day Celebrations
Canada Day. A time for celebration. Each year, Vancouver hosts some of the country’s best Canada Day parties. If you want to attend public celebrations this year, the festivities across Vancouver will last from dawn until well after dusk. Start the day off right with a Truly Canadian Pancake Breakfast at Granville Island, beginning at ...
Posted by Jules Seaman
on June 26, 2010
Here is a helpful brochure explaining the effect of the upcoming HST in British Columbia. HST, What is taxable? For more info visit: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/gnrl/menu-eng.html.
Craig Rushton, CENTURY 21 In Town Realty, 604.505.6503, craig@craigrushton.com, www.craigrushton.com
Posted by Craig Rushton
on June 15, 2010
Here are a few facts about how HST will affect home purchases after July 1st 2010.
For more detailed information please contact Jennifer Sanderson at Century 21 In Town Realty at www.jennifersanderson.ca
1) HST does not replace the current PPT (property transfer tax). PPT is a separate provincial tax on ALL property transfers. The rate is 1% on the 1st $200,000 and 2% on the balance of the ...
Posted by Jennifer Sanderson
on May 14, 2010
HST on all NEW properties (NOT re-sale) effective July 1st, 2010 5% GST plus 7% PST = 12% HST *** HST applicable on all NEW properties completed AFTER June, 2010 *** 1) GRANDPARENTED * Any pre-sale contract entered into BEFORE November 18th, 2009 that completes after July 1st, 2010- NO HST- ONLY GST * Any pre-sale contract entered into AFTER November 18th, 2009 that completes after June, 2010- HST ...
Posted by Michael LaPrairie
on April 13, 2010