New land transfer tax refund proposal

November 15, 2016 - Updated: November 15, 2016

Land Transfer Tax refund        

 

Province Proposes New Initiatives to Improve Housing Affordability

Charles Sousa, Minister of Finance, along with Chris Ballard, Minister of Housing have highlighted a propsal. 

If passed, the proposal would mean that no Land Transfer Tax would be payable on the first $368,000 of the cost of a first home, and more than half of first-time homebuyers would pay no Land Transfer Tax on the purchase of their home.  Read more at https://news.ontario.ca/mof/en/2016/11/help-on-the-way-for-first-time-homebuyers.html


Tagged with: ltf land trasfer tax mortgage rules tax refund
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