Subscribe with RSS ReaderSelling a home just got more affordable in BC. Prior to the HST, there was a 5% tax on the fee realtors charged to sell a home. No PST applied. However, when the 2 taxes were harmonized, PST was added and the tax on real estate fees suddenly jumped to 12%. Obviously, anytime a tax more than doubles it's harmful. On April 1 the GST replaced the HST and the tax on real estate fees dropped back to 5% for all home sales that close on or after April 1. We welcome this saving.
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RE/MAX Oceanview Realty
Selling and Buying homes in Sechelt, Gibsons, Roberts Creek, Halfmoon Bay, Pender Harbour Sunshine Coast BC
Office 604-885-4313
Toll Free 800-895-4313
Fax 604-885-4323
Office Location
5686 Cowrie St. Box 675
Sechelt, BC
V0N 3A0
CA
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