bc

2018 B.C. Budget Sets Sight on Housing Affordability

2018-02-21T15:16:12+00:00

The B.C. government recently unveiled its 2018 Budget.  One of its key focus was on the province's housing market.  In an effort to reign in speculation and address housing affordability, the province is set to implement some new taxes, as well as, update some existing ones.  New provincial-federal programs will also be introduced

2018 B.C. Budget Sets Sight on Housing Affordability2018-02-21T15:16:12+00:00

B.C.’s Low Income Climate Action Tax Credit

2017-12-06T15:37:45+00:00

The B.C. Low Income Climate Action Tax Credit helps offset the impact of the carbon taxes paid by low income individuals or families. The Low Income Climate Action Tax Credit is combined with the federal Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit into one quarterly payment. The payments are issued by the

B.C.’s Low Income Climate Action Tax Credit2017-12-06T15:37:45+00:00

The Ins and Outs of the Provincial Sales Tax (PST)

2017-10-25T14:09:50+00:00

Provincial sales tax (PST) is a retail sales tax that applies when a taxable good or service is purchased, acquired or brought into B.C., unless a specific exemption applies. The PST generally applies to: the purchase or lease of new and used goods in B.C. goods brought, sent or delivered into B.C. for

The Ins and Outs of the Provincial Sales Tax (PST)2017-10-25T14:09:50+00:00

B.C.’s 2017 Personal Income Tax Rates

2017-09-20T14:07:51+00:00

B.C. personal income tax rates apply to specific tax brackets. A tax bracket is a range of annual income. Income past a certain point is taxed at a higher rate. The tax brackets are indexed each year to the Consumer Price Index for B.C. (BC CPI). For the 2017 tax year, the tax

B.C.’s 2017 Personal Income Tax Rates2017-09-20T14:07:51+00:00

The BC Education Coaching Tax Credit

2017-08-30T14:37:10+00:00

The B.C. Education Coaching Tax Credit is a non-refundable tax credit for teachers and teaching assistants who carry out at least 10 unpaid hours of extracurricular coaching activity in the tax year. The credit amount is $500, providing a tax benefit of up to $25.30. You’re eligible to claim the tax credit if

The BC Education Coaching Tax Credit2017-08-30T14:37:10+00:00

Small Business Venture Capital Tax Credit

2017-08-23T14:55:38+00:00

Venture Capital Programs encourage investors to make equity capital investments in British Columbia small businesses that will enhance and diversify the provincial economy. The government recognizes that creating new small businesses and expanding existing ones will contribute to a healthy economy. These programs give small business continuous access to early stage venture capital to help them develop and

Small Business Venture Capital Tax Credit2017-08-23T14:55:38+00:00

B.C.’s First-Time Home Buyers’ Program at Work

2017-02-01T15:32:21+00:00

B.C.’s First-Time Home Buyers’ Program (FTHBP) is a provincial government program designed to assist new homeowners.  The First-Time Home Buyers’ Program is not to be confused with the Home Buyers’ Amount.  While the former is a provincial property transfer tax exemption offered to eligible first-time home buyers in B.C., the latter is a federal non-refundable

B.C.’s First-Time Home Buyers’ Program at Work2017-02-01T15:32:21+00:00

Get a $1200 Helping Hand for Your Child’s Education

2016-07-26T16:13:19+00:00

With the cost of post-secondary education and training programs rising, it is never too early to start saving for your child’s education.  In an effort to help families get a head start, the B.C. Government is offering to contribute $1,200 to eligible children through the British Columbia Training and Education Savings Grant (BCTESG). The grant

Get a $1200 Helping Hand for Your Child’s Education2016-07-26T16:13:19+00:00

B.C. Home Owner Grant Threshold Increases in 2016

2016-07-08T13:15:22+00:00

Due to skyrocketing property values in Metro Vancouver, the B.C. government has raised the threshold for the Home Owner Grant for 2016.  B.C. residents who own homes valued up to $1.2 million may qualify to receive a full Home Owner Grant this year, while a partial grant may also be available if their homes are

B.C. Home Owner Grant Threshold Increases in 20162016-07-08T13:15:22+00:00