BC Property Transfer Tax and GST Real Estate
Note: This calculator is for reference purposes; buypropertiesbc.ca will not be held liable for any losses or damages resulting from any errors or omissions in any information or results.
When purchasing real estate in BC, you may have to pay a large amount of taxes. If you are not the 1st time home buyer, taxes are a cost that you cannot afford to ignore. The BC Real Estate Association has designed a calculator to let the buyer know more about the Taxes.
This PPT GST calculator breakdown of tax items is as follows:
- Product Tax and Service Tax (GST) and Property Transfer Tax (PTT)
- Subtract PTT waivers (for first-time home buyers)
- help determine the amount of tax payable