British Columbia Farm PST Exemption for Equipment

Qualifying farmers in British Columbia can save 7% PST on skid steer and compact track loader purchases. On a typical $45,000 machine, that's $3,150 in your pocket instead of the government's.

How Much Will You Save?

$

Without Exemption

$5,400

12.0% total tax

With Farm Exemption

$2,250

5% GST only

Your Savings

$3,150

7% PST exempt

PST Savings by Equipment Price

Equipment Price Normal Tax (12.0%) Farm Tax (5% GST) You Save
$25,000 $3,000 $1,250 $1,750
$35,000 $4,200 $1,750 $2,450
$45,000 $5,400 $2,250 $3,150
$60,000 $7,200 $3,000 $4,200
$80,000 $9,600 $4,000 $5,600

Who Qualifies for the BC Farm Exemption?

Farm Land Classification

Your land must be classified as "farm" under the BC Assessment Act, OR you hold a valid BC Farmer Identity Card.

Primary Farm Use

The equipment must be used primarily (more than 50%) for farming activities on your qualifying farm.

Valid Exemption Certificate

You need either a completed FIN 458 certificate or your BC Farmer Identity Card number to claim the exemption.

How to Claim the Exemption

1

Verify Your Farm Status

Confirm your land is classified as "farm" by BC Assessment, or that you have a valid BC Farmer Identity Card.

Check BC Assessment
2

Complete Form FIN 458

Fill out the Certificate of Exemption (FIN 458) with your farm details and legal land description.

BC PST Farm Exemption Info
3

Provide to Dealer

Give the completed certificate to the equipment dealer at time of purchase. They'll apply the PST exemption on your invoice.

4

Keep Records

Retain copies of the certificate and invoice for at least 7 years in case of audit by the BC Ministry of Finance.

Equipment Eligible for Farm PST Exemption

Most farm machinery and equipment qualifies for the BC PST exemption when used primarily for farming:

Skid steer loaders
Compact track loaders
Tractors
Excavators
Telehandlers
Hay equipment
Tillage equipment
Grain handling
Livestock equipment

Equipment must be used primarily (over 50%) for farming. If you use a skid steer for both farm work and a side landscaping business, you may need to prorate the exemption.

Important Considerations

The exemption applies to PST only — you still pay the 5% federal GST.

If you're GST-registered, you can claim the GST back as an Input Tax Credit (ITC).

Keep detailed records of equipment usage in case of audit.

If equipment use changes to primarily non-farm, you may owe the PST retroactively.

Frequently Asked Questions

Can I claim the exemption on a used skid steer from a private seller?

Yes. PST applies to private sales in BC, but the farm exemption still applies. You'll self-assess PST when registering the equipment and claim the exemption at that time.

What if I use the skid steer for both farm and non-farm work?

If primary use (over 50%) is farming, you can claim the full exemption. Track your usage in case of audit. If use is split 50/50 or primarily non-farm, the exemption doesn't apply.

Do I need a farm business number?

No, but you do need land classified as farm by BC Assessment OR a BC Farmer Identity Card. A GST business number helps recover the federal portion.

How long does the exemption certificate last?

The FIN 458 is a one-time certificate per purchase. Your underlying farm classification is reassessed annually by BC Assessment.

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