http://www.bcrea.bc.ca/government-relations/hst-pst-resources/tax-calculator/tax-calculator-(includes-full-taxes)

 

http://www2.gov.bc.ca/gov/content/taxes/property-taxes/property-transfer-tax/understand

 

British Columbia GST & Property

Transfer Tax Calculator

 
 
 
 

 Is this a new home?

 

 
 
 
 

 Are you a first time buyer?

 

 
 
 
 

 Purchase Price 

 
 

 

 BC GST  BC GST Rebate  Net BC GST 

 
 
 
 

 Property Transfer Tax  Exemption Amount  Net Property Transfer Tax 

 
 
 
 

 Total Purchase Cost 

 
 
 
 

   Assumptions: Calculator created Feb 19th, 2014. GST calculated as 5% on Purchase Price, calculated on new homes only. Rebate of 36% of GST on homes less than $350,000, and partial rebate on homes between $350,000 and $450,000. Property Transfer Tax (PPT) calculated as 1% on first $200,000, 2% on remaining amount. First time home buyers are exempt when purchase price is below $425,000. Partial exemption when purchase price is between $425,000 and $450,000. Total Purchase cost is the sum of the Purchase Price, Net BC GST, & Net Property Transfer Tax. For estimation purposes only, please consult a professional to receive accurate and objective advice. Parts of this page are copyrighted © 2002-2007 Framtidsforum I&M AB, SWEDEN. © Copyright UltimateCalculators.com 2010, All Rights Reserved.

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