Posts Tagged ‘adviser’
First Time Home Buyer Credit Ontario
June 15th, 2010Question: Does Canada have “First-Time Home Buyer Tax Credit” legislation?
Friend of my told me that I could get up to $8000 tax credit since I just purchased a house. I am first-time house buyer, and married couple income is lower than $160,000. So I am wondering, can I apply for this tax credit, I am living in Ontario, Canada. If answer of my first question is “Yes”, then, my second question is, should I fill in the tax return form next year for the home purchase happened this year, or should I fill in the form this year, 2009? Thanks lot for any help!
Answer: Information about the 2009 HBTC is here:
http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhbtc-eng.html
It will be available as a line item on the 2009 tax return, for purchases of homes closed after January 27, 2009.
Consumers remain suspicious of HST
The cheque is the mail. But it’s going to take more than a one-time payment to ease the suspicion consumers have that the new harmonized sales tax isn’t going to cost them.
Why Use A Mortgage Broker – Part 1
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