The British Columbia Harmonized Sales Tax, called the B.C. HST will come into effect on July 1st, 2010 and will combine or harmonize the provincial sales tax (7% PST) with the federal Goods and Services Tax (5% GST)
CLICK HERE FOR ADVERTISING OPPORTUNITIES

Everything you need to know about the new B.C. HST - Harmonized Sales Tax Resources, Articles, Reaction

EXITING NEW VANCOUVER CONDO BLOG >

Visit our Vancouver Condo Blog

Visit our Vancouver Real Estate Blog for the latest news in Lower Mainland housing markets, mortgage rates, builders, developers, re-sale condo high-rise tower residences, resale homes and much more



_______________

SPECIAL FEATURE
Cancelled Vancouver Condo Cancellations
Delayed Vancouver Condo Projects on Hold
Vancouver Property Liquidation Auctions
_______________


Other Resources

More Property Listings
Vancouver Real Estate Direct Sitemap
Vancouver Listings
Other Resources
In the market for a presale condo?
_______________

PLEASE NOTE THAT BC VOTERS HAVE OPTED TO SCRAP THE HST TAX
The BC government will seek to return to a Provincial Sales Tax within 18 months,
meaning the old tax will be restored by March 31, 2013. STAY TUNED FOR MORE INFO.
CLICK HERE for the NEW BC HST TRANSITIONAL RULES and NEW BC HST REBATE
announced on February 17, 2012 by Finance Minister Kevin Falcon
.

Uncertainty Surrounds the Effects of the New Provincial HST Tax on Green, Energy Efficient Upgrades and Home Renovations

According to the Georgia Straight, there is much confusion surrounding the new BC harmonized sales tax and its long term effects on green, energy efficient home building and renovations. The HST, which will take into effect July 1st, could possibly eliminate the exemption from the provincial sales tax (PST) for materials and equipment that is currently used to conserve energy.

Number Crunching - HST Price Chart - New Home HST Tax Increase - Harmonized Sales Tax Price Difference on New Property

Bookmark and Share

OTHER B.C. HST RESOURCES & HARMONIZED SALES TAX ARTICLES
Top 10 Facts about the HST and How The Harmonized Tax Will Raise New Homes Prices in B.C. and Greater Vancouver
New Home HST Tax Increase and the B.C. HST Price Difference for New Property Purchases - CHART
Anti-HST Movement including NO BC HST Facebook Campaign, NDP Petition & Recall Campaign Against Liberal Government
British Columbia HST on Rent? How does harmonized sales tax 12% HST on rental housing and Vancouver rents?
Top 10 Benefits about the HST and the B.C. Government Announcement
Comprehensive List of Goods and Services Subject to New B.C. HST, HST Exempt Products, HST Rebates and Input Tax Credits
The BC Harmonized Sales Tax HST Rebate for New Home Purchases - Actual Number Crunching
The BC HST Transitional Rules and Policies May Follow the Ontario HST Transitional Rules
Reaction From B.C. Home Builders and Vancouver Developers on new BC HST and What It Means to the Construction Industry
Differences between BC HST versus Ontario HST | BC HST versus Maritime HST in Newfoundland, Nova Scotia & New Brunswick
B.C. Harmonized Sales Tax will effect Green Initiatives, Energy Efficient Upgrades, Home Renos and BuiltGREEN products
12% BC HST on New Homes, Presale Condos, Pre-Construction Real Estate, First Time Home Buyers and Ownership

Home builders and renovators in British Columbia do not fully understand how the elimination of the PST exemption on energy efficient appliances, materials and goods can lead to a healthier building industry in BC and there has been no clarification from the provincial BC government as to what will happen with these build green initiatives. Under the current system, energy efficient materials like thermal insulation and pre-manufactured windows, doors and skylights are exempt from the 7% PST tax as part of the built green, energy efficiency initiative of the BC provincial government. This PST exemption also applies to furnaces, boilers, and heat pumps if they are purchased or even leased for residential home purposes only. As part of the overall 2008 provincial budget, the BC Liberals also provided this 7% PST exemption on energy efficient appliances like washing machines (washer/dryer), fridge, freezers, microwaves, ovens, stoves and other appliances which was part of a $1 billion investment for various programs that would make construction in British Columbia more eco-friendly and environmentally sensitive to reduce our ecological footprint. All of these PST exemptions were suppose to remain in effect until March 2011. With the federal LiveSmart BC initiative for rebates on environmentally friendly goods with PST exemptions, this has created a much healthier living community and homes for homebuyers and residents. However, with the introduction of the BC HST 12% tax which combines the seven percent PST and the federal goods and services 5% GST tax, the BC government unfortunately even after announcing this new Harmonized sales tax has yet to table legislation on some rules and regulations moving forward on these green initiatives. Taking away the PST exemptions will definitely be a backward step in the new Vancouver and BC housing industry.

The BC Harmonized Sales Tax is a step backwards when it comes to Built GREEN and LEED Designed Developments and Renovations
The recently announced BC HST will have a profound impact on the burgeoning green construction shift in British Columbia, leading many experts and analysts to predict a healthy drop in green renovations and development in the upcoming years. According to the latest 24 Hours article, the BC HST will thwart the green shift saying that the introduction of the British Columbia Harmonized Sales Tax will take the green construction shift in the wrong direction completely. The proposed BC HST will be applied to such green items as renewable energy systems, solar heating panels, hybrid vehicles/cars as well as bikes, which will see a significant 7% hike in taxes compared to the current tax system. The David Suzuki Foundation has already presented its claim that the BC HST is taking the green shift in the opposite direction and will undermine years of progress. The final BC HST goods and services exemptions are not yet determined, but currently the increased taxes will certainly be applied to green products and services unfortunately.

CLICK HERE for a full list of Vancouver Real Estate Developments


2010 Winter Game Rental Resources

INQUIRY FORMS
Looking for the BEST Rentals?
Looking to rent your home?

VANCOUVER 2010 GUIDES AND CHECKLISTS
2010 Renters Checklist
2010 Renters Guidebook
2010 Homeowners Checklist
2010 Homeowners Guide

 
日本熟妇高清无码视频_日本熟妇中文字幕无码_日本熟妇熟色在线观看中文