BC Property Transfer Tax Calculator
Calculate British Columbia property transfer tax across the PTT tiers, including the additional 2% and 3% brackets above $2 million and $3 million.
- First Tier
- 1.0%
- Up to $200k
- Second Tier
- 2.0%
- $200k–$2m
- Top Tier
- 5.0%
- Above $3m
Formula & Statutory Rule
Formula
ptt = tiered(price, [1%, 2%, 3%, 5%])
Statutory Rule
bc_ptt: 1% to $200k, 2% to $2m, 3% to $3m, 5% above; foreign_buyer_tax = additionalRegional Benchmark Reference
| Jurisdiction / Tier | Rate or Limit | Statutory Note |
|---|---|---|
| Up to $200k | 1.0% | First |
| $200k–$2m | 2.0% | Second |
| $2m–$3m | 3.0% | Third |
| Above $3m | 5.0% | Top |
Frequently Asked Questions
How is BC PTT calculated?
BC charges 1% on the first $200,000, 2% to $2 million, 3% to $3 million and 5% above $3 million.
What is the first-time buyer exemption?
Eligible first-time buyers may be exempt from PTT on homes up to a threshold value.
Is there a foreign buyer tax?
Yes. The additional property transfer tax applies to foreign buyers in specified regions.
When is PTT due?
Property transfer tax is due at registration of the transfer, usually handled by your lawyer.