首次購屋族享有地產交易稅一次性免繳優惠 Government reduces tax burden on first-time buyers

即時消息! 今日起,首次購房族可不用付房產交易稅,上線為$475k,比以前的$425k多了足足五萬! 如果首購範圍是$475k~500k,則需要繳部分稅額。政府估計,這項優惠估計可讓每年1700位首購買家可以符合這條件,那就是免除近$7500的房產交易稅。相對的,政府每年可能損失近8百萬的稅收。感謝溫哥華地產協會不斷的遊說我們的政府,讓免稅額一直調高,讓更多買家受惠。

First-time home buyers received welcome news in today’s provincial budget. Any REALTORS® currently working with first-time buyers will want to share this news with them as soon as possible.

The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000. The previous threshold was $425,000.

The partial exemption continues and will apply to homes valued between $475,000 and $500,000.

With this change, the government estimates 1,700 additional first-time buyers will annually be eligible to save up to $7,500 in PTT when they buy their home.

The government estimates this measure will cost $8 million in lost tax revenue each year.

The Real Estate Board, together with BC Real Estate Association, has actively lobbied to make home ownership more affordable for first-time home buyers. This increase in the threshold clearly signals our efforts have paid off as in past years.

In 2008, as a result of industry lobbying, the provincial government increased the threshold to $425,000 from $375,000. 

In 2005, the government increased the threshold to $325,000 from $275,000.

The PTT is calculated at a rate of one per cent on the first $200,000 and two per cent on the remaining value of the purchase price. (905)

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About Jamie Liu, www.jamieliu.ca