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| B.C. Real Estate New Home HST/GST Calculator |
provided by the law firm of
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Ctrl + D will add this page to your Favorites |
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This
Calculator and embedded scripting is ©2012 Conrad
Warkentin. Linking to this page is welcomed however copying the
calculator/content for use on any other web page is strictly prohibited
without written consent from the copyright owner.
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Completion Date April 1, 2012 to March 31
2013
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Completion Date on/after April 1, 2013
(construction started before
April 1, 2013)
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Completion Date on/after April 1, 2013 (construction started after April 1, 2013)*
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Homeowner
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Buyer is eligible for HST/GST Rebate, for example the home is their principal residence
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Purchase Price Before HST/GST
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HST/GST amount to be paid at time of
purchase (Net HST/GST)
‡ |
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HST/GST Rebate
claimed at time of purchase
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Final purchase
price including Net HST/GST
‡ |
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Investor
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Buyer is eligible for the HST/GST Rebate because they are renting the home
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Purchase Price Before HST/GST
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HST/GST amount to be paid at time of
purchase (Full HST/GST)
‡ |
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Purchase Price
including full HST/GST paid by the investor at time of purchase
‡ |
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HST/GST Rebate
claimed after the investors can prove they have a tenant**
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Final Purchase
Price including Net HST/GST after investor receives Rebate‡ |
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Vacation Home
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Buyer may be
eligible for the HST Grant, for example a 2nd Home
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Purchase Price Before HST/GST
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HST/GST amount to be paid at time of
purchase
‡ |
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HST Grant available***
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$ 0.00
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$ 0.00
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Final Purchase Price including HST/GST
(after Grant, if applicable)
‡ |
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Reverse Calculator (Homeowner)
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Purchase Price Including Net HST/GST
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(INCLUDING 2% B.C. Transition Tax) |
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Purchase Price before HST/GST
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HST/GST amount to be paid at time of
purchase
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HST/GST Rebate claimed at time of
purchase
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*Properties where construction started after April 1, 2013 will have approximately 2% PST embedded in the purchase price
**Tenant must be using the property as their principal residence
***Only available on properties located outside of Great Vancouver and the Capital Regional Districts
‡ Including 2% B.C. Transition Tax, if applicable |
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This Calculator was created by Conrad
Warkentin, a Real Estate Lawyer at Rosborough & Co.
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This calculator is for entertainment
purposes only, and is not to be relied upon for making actual HST/GST
calculations or determinations. |
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