| You Can Buy A Whole House With A GST Discount |
| Wed, December 11, 2024 |
|
| And while many are looking forward to buying big ticket items to get that discount - those might include steel and cement, or tiles and curtains, or a battery for your car. But, what about a whole house? The small move-able ones do attract GST - so - you would even get a discount on that - assuming it is a total sale and deliver completed in one day:
Vilma Broaster, Belize Tax Service
"So, the sale of house, it is applicable if that is what they will be, they are specifically going, has, the house is already there and they are purchasing it. It's not that you will have a house constructed thereafter the person goes there on the 14th and says, I want this design, no, it has to be that the house is already on your lot and the person will just go and pick it, choose it and then that is how you will then deal with the exemption for that."
"But it cannot be that they will go in on the 14th, paid on for a house and then you will make it and deliver it to them thereafter, that will not apply."
|
