There are some great changes coming for transactions closing after April 1, 2024 for First Time Home Buyers. Let’s start with a definition of a First Time Home Buyer for this particular program, as the definition is different if you are accessing a Provincial or Federal Program. This is a …
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Another fantastic change to the Property Transfer Tax is the elimination of the tax on new construction houses, townhouses and apartments up to $1,100,000 from the original $750,000.
This is a great change. New construction has GST added to the purchase price which is already a large extra expense, so …
Are you getting prepared to do your income taxes? If you are a renter and make under $80,000 there is a tax credit waiting for you.
The nitty gritty is that if you make less than $60,000 you will get a $400 tax credit by filling out Form BC479 …