Property Transfer Tax (PTT)

The First Time Home Buyers' Program exemption is detailed in this report.

Find out if you are exempt from paying the BC Provincila Property Transfer Tax, which is 1% of the first $200,000 of market value, plus 2% on the remainder on homes priced up to $375,000 in the GVRD, FVRD and CRD and up to $265,000 elsewhere in the province.

BC Ministry of Small Business and Revenue.

For more information, go to:

www.rev.gov.bc.ca/rpt

or phone the provincial tax branch at 250.387.0604