No More HST, we now have GST and PST .....how does this effect Real Estate in BC?
On April 1st the Province of BC made a change is the Sales Tax with
HST being eliminated and GST and PST being reinstated.
This actually becomes a SAVINGS for you when you purchase or sell Real Estate.
You will now only be charged GST on Professional Services.
For example, this equals a 7% Savings on:
Real Estate Commissions
Lawyer and Notary Conveyancing Fees
Household Moving Services
Check what Services are Taxed GST and/or PST here: