Thursday, February 23, 2012

First Time New Home Buyers Bonus

Up To $10,000 First Time Buyers Bonus
Available Feb. 21, 2012 - March 31, 2013

The bonus is equal to 5% of the purchase price of the home (or in the case of owner-built homes, 5% of the land and construction costs subject to HST) to a maximum of $10,000.

Subject to approval by the legislature, the B.C. government intends to implement a temporary BC First-Time New Home Buyers’ Bonus. Effective February 21, 2012, to March 31, 2013, the bonus is a one-time refundable personal income tax credit worth up to $10,000.

For complete details and to see if you qualify for this 'First Time New Home Owner's Bonus' view full information HERE.

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1 comment:

  1. Daisy9 May 2012 at 23:40

    I heard about it from a friend, how could a first time new home buyer be qualified on the said bonus?

    ReplyDelete

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