Tanya talks about HST and where to get information…
Tanya Rankin: Good Morning! It’s Tanya Rankin in beautiful Williams Lake. Couple things that I wanted to mention this morning. Of course one is it’s time for us to embrace the HST. And a lot of people are still a little unsure to how that HST is gonna apply to real estate as well as the real estate fees. So, I think the best advice that I can give you is probably make a phone call to your accountant. They probably have the most up to date information as well as they’ll government HST hotline that you can call in to get it off to the internet. And the one thing is HST is not going to apply to used housing. So, a lot of people are thinking “oh my house may not sell or I wish it sold before July 1st”. Because they don’t want that HST to be applied to the purchased price but HST on new housing will not be applicable. Okay, so you can at least rest easy on that. And the other thing that probably you want to look into is how it’s gonna applied to real estate fees. So if you are working with a realtor that HST is gonna be applicable now to the fee that your paying them. So on that note if you have any questions. You can always email me at tanya@tanyarankin.com and I hope you have a great day!