New Listings
D I R E C T : 2 5 0 - 3 1 8 - 0 4 9 7 o r C a p t J i m 1 @ T e l u s . n e t


Home picture index
"First To View"

Navigation


Home

Home Buyers

Home Sellers

International Buyers

New Listings

TD Mortgage Calculator

"First To View"

Kamloops Area Map

Pillar To Post
Home Upgrade Calculator




Links


Capt. Jim's Bio

Testimonials

Real-Estate Weekly

Community Service

Jim's Quarterly Newsletter

Out & About (Jims Column)

Site Map

Pramod Thapa
Para Alpine Skier
(Road To The Olympics)

2ndHome.net


Kamloops realestate barcode Jim Knowles homes for sale
When out and about you see
this code on a real estate sign,
just show it to your smart phone
to receive all the homes info.
Then call Jim to get inside quickly.
(download "QR reader" App
to your smart phone
)

Kamloops Sun Peaks Resort


Jim knowles Realtor Kamloops British Columbia



kamloops recycle

We are all looking forward to
another great year
of Adaptive Sports at Sun Peaks!
We get the Nationals this year!
If you want to get involved ... call me!

sun peaks real-estate Jim Knowles


If you know anyone that has a
handicap that would like to
join our summer or winter program
see more community service by clicking here

Pramod Thapa and Jim
make front page
"Road To The Paralympics"
clic
Pramod Thapa paralympics kamloops


Jim Knowles makes the front
cover of Canada's most
prestigious real estate
magazines.
"Realestate Marketing Magazine"
clic
REM realestate magazine canada

 

Don't see that special home for sale here?
Jim Knowles can show you any listing you want to see
that is listed in the newspaper or that you see with a sign
on the lawn... just give Jim of Remax Real Estate Kamloops a call.
250-318-0497

Find your new home   or Investment  on one page...   no sign up!!!!!!
Home picture index

"First To View"





 

 

HST Information

Harmonized Sales Tax (HST)
What is HST?

  • It is the merging of the current Provincial Sales Tax (PST) with the Federal Goods and Service Tax (GST) into one new tax.

Who does it affect?

  • The new HST affects Ontario and British Columbia.
  • Nova Scotia, New Brunswick and Newfoundland have already implemented a Harmonized Tax while Saskatchewan, Manitoba, Quebec and Prince Edward Island all collect a separate Provincial Sales Taxes (PST) or QST for Quebec.

How much is it?

 

British Columbia

Ontario

Provincial Sales Tax (PST)

7%

8%

Federal Goods and Service Tax (GST)

5%

5%

New Harmonized Sales Tax (HST)

12%

13%

When will the HST be implemented?

  • July 1, 2010.

How does it affect the sale of my current owner occupied principal residence (re-sale)?

  • The sale of housing that has been previously occupied by an individual as a place of residence and that was exempt from GST would also be exempt from HST.

When does the HST apply to the sale of a new construction home or new rental property?

  • Builders’ sales of newly constructed or substantially renovated homes would be subject to HST when both ownership and possession of the home are transferred after June 30, 2010.
  • The provincial portion of HST would not apply to builders’ sales of newly constructed or substantially renovated homes that are taxable under the GST where, under a written agreement of purchase and sale, ownership or possession of the home is transferred before July 1, 2010.
  • The HST would not apply if either the ownership or possession of the complex is transferred, under a written agreement of purchase and sale, to the purchaser before July 1, 2010 or if the sale was entered into on or before June 18, 2009 in Ontario and November 18, 2009 in British Columbia, regardless of the ownership or possession date.

Is there a Housing Rebate?

  • Yes, new housing rebates would apply when HST is charged and the purchaser would have qualified for a GST rebate.
  • Please visit http://www.rev.gov.on.ca/en/taxchange/index.html and http://www.gov.bc.ca/hst/ for more information on the rebate.

Are other closing costs subject to HST?

 

 

 



 


Jim Knowles
Direct  250-318-0497
fax 250-828-9544
CaptJim1@Telus.Net
RE/MAX Real Estate (Kamloops)
258 Seymour Street
Kamloops, B.C. V2C2E5
250-374-3331
Content © CopyRight 2006 - 2007 Jim Knowles