BC REAL ESTATE NEW HOME HST CALCULATOR

Homeowner
Buyer is eligible for HST Rebate, for example the home is their principal residence
This assumes the Builder is allowing the Buyer to claim the Rebate on closing. If not, the calculations will still be correct but the Buyer will need to come up with the entire HST on closing, and then claim the HST Rebate below after closing.
Purchase Price Before HST  
HST amount to be paid at time of purchase  
HST Rebate claimed at time of purchase  
Final purchase price including Net HST  
Investor
Buyer is eligible for the HST Rebate because they are renting the home out
Purchase Price Before HST  
HST amount to be paid at time of purchase  
HST Rebate available after investor has a tenant using the home as their principal residence  
Final Purchase Price including Net HST after investor receives HST rebate from Tax Department  
Vacation Home
Buyer is not eligible for the HST Rebate, for example a 2nd Home
Purchase Price Before HST  
HST amount to be paid at time of purchase  
Final Purchase Price including HST  
Reverse Calculator (Homeowner)
Purchase Price Including Net HST  
Purchase Price before HST  
HST amount to be paid at time of purchase  
HST Rebate claimed at time of purchase