Author: Sabrina Dalen
HST Rebates & Exemptions
We’ve all heard and pondered on the negative effects of the new Harmonized Sales Tax (HST). As we’re nearing July 1, 2010, when it is scheduled to kick in, we thought you might want to hear some positive effects to make the transition a bit easier. Rebates are available and some purchases are even tax … Read More
Top Two Reasons Why You Should Not Wait to Renovate
We do not wish to pressure you into a renovation you are not prepared for but we thought you should know about upcoming changes that may affect how much your home will cost you after July 2010. Our top two reasons for renovating before July 1, 2010: 1. HST will be in effect as of … Read More
REMINDER: Home Renovation Tax Credit Deadline February 1, 2010
We are closing in on the February 1st deadline and thought you may benefit from a friendly reminder. For those who don’t already know, a non-refundable tax credit is available to you for work performed or goods acquired in relation to a renovation or alteration to an eligible dwelling, after January 27, 2009 and BEFORE … Read More
Are you an HST supporter?
An article by Fiona Anderson in the Vancouver Sun’s Business section reports the following organizations are throwing their support behind the harmonized sales tax (HST): BC Chamber of Commerce BC Construction Association BC Road Builders & Heavy Construction Association Business Council of BC Coast Forest Products Association Council of Forest Industries Institute of Chartered Accountants … Read More
What to look for in your Renovation Contract
One of the reasons for disputes over renovation work is the lack of a contract. To avoid this, make sure you have a contract agreement that clearly defines the scope of work and the cost of the work. Before signing your contract, go through it thoroughly and make sure you understand everything. According to CMHC, … Read More
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