prob more then your first house would be my guess lol says $400,000 plus tax on the window decal... yikesHow much??
That would be 6 times the cost of my first house in Coquitlam. Glad I already have a boat. Out of reach for my kids and they make good money.prob more then your first house would be my guess lol says $400,000 plus tax on the window decal... yikes
I give it 30 years, but the first bubbles will start to fester on Dat 1.I give that paint 5 years max.
This guy knows painted aluminum boats... and I am an aluminum boat owner hahaha Only boat in our club who's paint has held up is a nice Kingfisher 2025. Its older then my boat but the paint still looks great. All our boats spend months at a time tied up in the water at the docks.I give it 30 years, but the first bubbles will start to fester on Dat 1.
Save your pennies, and don't forget the luxury tax on boats over 250k in BC. The luxury tax is calculated using the taxable value of the boat. The tax rate is 10 percent of the total price paid or 20 percent of the price on boats valued at $250,000 or more, whichever is less. Then you will also pay GST and/or HST on the retail price plus the luxury tax. Yes, taxes on top of taxes. Nothing like paying a tax on a tax.How much??
Where did you get the 10% from? Here's what the CRA site says.Save your pennies, and don't forget the luxury tax on boats over 250k in BC. The luxury tax is calculated using the taxable value of the boat. The tax rate is 10 percent of the total price paid or 20 percent of the price on boats valued at $250,000 or more, whichever is less. Then you will also pay GST and/or HST on the retail price plus the luxury tax. Yes, taxes on top of taxes. Nothing like paying a tax on a tax.
ok, think I get it now. The boats gotta have a value of $250K or greater produced post 2018. Then it's 20%. If its produced post 2018 with a value less than $250K its luxury tax is 10%.Where did you get the 10% from? Here's what the CRA site says.
Vessels subject to the luxury tax
The luxury tax applies to vessels that meet the definition of subject vessel under the Act and are priced or valued above the $250,000 price threshold, unless an exemption applies.
Under subsection 2(1), subject vessel means a vessel that meets both of the following conditions:
- it is designed or adapted for leisure, recreation or sport activities
- it has a date of manufacture after 2018