Good news for home owners!
February 23rd, 2006Good News for Home Buyers!
You may already have heard but yesterday's BC provincial budget contained some changes to the Home Owner Grant.
Here's the text from the government website: "On February 21, 2006, the Minister of Finance announced changes to the grant amount and the phase out threshold for the Home Owner Grant.
Effective for the 2006 tax year, the basic home owner grant increases to $570 from $470 and the additional grant will increase to $845 from $745.
The phase out threshold of the home owner grant increases to $780,000 from $685,000. The grant phase out rate continues at $5 per $1000 of
You may already have heard but yesterday's BC provincial budget contained some changes to the Home Owner Grant.
Here's the text from the government website: "On February 21, 2006, the Minister of Finance announced changes to the grant amount and the phase out threshold for the Home Owner Grant.
Effective for the 2006 tax year, the basic home owner grant increases to $570 from $470 and the additional grant will increase to $845 from $745.
The phase out threshold of the home owner grant increases to $780,000 from $685,000. The grant phase out rate continues at $5 per $1000 of