First Time Buyers Tax Changes
February 26th, 2007If you are a first time buyer, good news. The 2007 BC govenment budget included provisions raising the limits for ememptions for first time buyers for the Proprty Transfer Tax.
For Victoria and area, first time purchasers are now fully exempt for values up to $375,000. For properties between $375,000 and $400,000 a partial exemption applies, and for properties over $400,000 there is no exemp ...