New BC HST Rebate – Effective April 1, 2012

Effective April 1, 2012, buyers may be eligible for a provincial enhanced New Housing Rebate if they buy, as their primary residence, a home (as currently defined) priced up to $850,000. The current threshold is $525,000. In addition, buyers may also be eligible for a provincial New Housing Rebate if  they buy a secondary vacation [...]

BC HST Rebate Summary

HST Rules and Rebate- BC Effective July 1, 2010, British Columbia will be combining the GST and PST taxes into one Harmonized Sales Tax (HST). The implementation of the HST will not change the taxation on mortgage insurance premiums. However, the HST will be applicable on new construction homes and may be eligible for the HST [...]