Ins & Outs of BC’s Empty Home Taxes

As part of a 30-point plan to help alleviate the housing crisis, the Province of British Columbia has imposed a speculation and vacancy tax hoping to turn vacant, under-utilized properties into homes for people living and working in BC. For Vancouverites, this is in addition to the civic Empty Home Tax levied for the same reasons. Though the intent of these taxes is noble, the implementation has proven confusing and ...

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Did You Know your Moving Expenses are Tax Deductible?

A little known fact in Canada is that many moving expenses are tax deductible and can boost your return - so keep all your moving related receipts!   Here is a list of moving-related expenses that you can submit to CRA at tax time to help recoup some of the costs associated with your move: Travelling expenses, including car expenses for you and your family; Meals and accommodations on the way ...

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