Office: 250.342.5599
Toll Free: 888.322.8833
Fax: 866.415.6765

492 Highway 93/95
(next to Tim Hortons)
Invermere, BC V0A 1K2


Office: 250.345.4000
Toll Free: 866.345.4004
Fax: 866.415.6765

5005 Fairmont Resort Rd
Fairmont Hot Springs


BC HST Changes Effective April 1,2012

Friday, February 17, 2012 VICTORIA

New housing transition measures give certainty to an important economic sector and help to keep taxes equitable throughout the transition as the province returns to the PST, Finance Minister Kevin Falcon announced. B.C. will return to the PST on April 1, 2013, meeting the Province's commitment to return to the PST as quickly and responsibly as possible, while ensuring businesses can plan their training and systems switch-over effectively to apply the sales tax correctly.

Government is announcing new relief measures that will benefit purchasers and builders of new homes. The B.C. new housing rebate threshold will be increased to $850,000, effective April 1, 2012, meaning more than 90 per cent of newly built homes will now be eligible for a provincial HST rebate of up to $42,500. It is important to note that the HST does not apply to resale housing.   Read the details here.

How Does the HST in British Columbia Affect You?

Use these helpful links as a resource for researching how the new Harmonized Sales Tax (HST) will affect consumers effective July 1,2010

British Columbia Real Estate Association

Revenue Canada


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