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New Home Tax Calculator
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New Home Tax Calculator

The New Home Tax Calculator lets you see how the cost of a newly built home are affected by the type of tax system - HST or PST.  It shows the federal and provincial taxes payable under an HST system compared to the estimated taxes that would have been paid under the PST system.

Note: This calculator is for new construction only.  For most homes bought in B.C., there is no HST because the tax does not apply to previously occupied homes.

Enter new home price before HST and Property Transfer tax (PTT)

(not including dollar sign and commas)

HST System
PST System
Embedded PST included in new home price [What is this?]
0
0
New home price before GST/HST and PTT
0
0
+ GST / federal HST (5%)
0
0
+ Provincial HST (7%)
0
0
- Federal new housing rebate
0
0
- BC new housing rebate [What is this?]
0
0
+ Property transfer tax
0
0
Total provincial tax paid (directly and indirectly)
0
0
Total new home cost including taxes
0
0
Estimated difference in total new home cost under HST
0
0