Tax Calculator

The BC homebuyer tax calculator application is a free service offered by the British Columbia Real Estate Association. The information used to make the tax and exemption calculations is accurate as of January 30, 2019.

Note: this calculator should not be considered a substitute for professional accounting or legal advice.

Choose the type of purchase price: Purchase price does not include sales taxes Purchase price includes sales taxes, net of available rebates Purchase price includes full sales taxes

Enter the purchase price, including GST, net of rebate: Is this a new home construction for use as a principal residence? Are you a first time home buyer purchasing a home for use as a principal residence? Are you a foreign entity purchasing in one of the following taxable regions*: Capital Regional District, Fraser Valley Regional District, Greater Vancouver Regional District, Regional District of Central Okanagan, or Regional District of Nanaimo?
Calculate

Taxes

GST

Pre-tax price

Property Transfer Tax (PTT)

Less: first-time homebuyer / Newly built home PTT exemption

20% Tax on Foreign Entities

Total taxes

Rebates

Federal rebate

Net taxes paid

Total cost

v1.6 Last Updated: March 2, 2021