Ontario New Housing HST Rebate: Everything You Need to Know
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Owners who build their own houses are eligible to claim the new housing rebate for part of the GST and/or the federal portion of the HST.
The GST/HST new housing rebate is not available to those who buy or renovate a new rental property to be used as the primary place of residence by renters.
You might be able to claim the GST/HST rebate if you did a significant renovation or made an additionon to your home.
You may also be eligible for a 2006 transitional rebate or a 2008 transitional rebate, depending on when your house was officially purchased.
New Housing Rebate gives you peace of mind by looking after your property financial details and gives the maximum rebate you are eligible.
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This rebate is a rebate for homeowners who either bought a new primary place of residence or significantly renovated it. This rebate also applies to new mobile, floating, or modular homes; homes that were rebuilt after a fire; or if you co-own a house through a co-op housing corporation. The rebate will help offset the federal taxes that you will pay while acquiring or renovating the home.
Note that there are numerous home tax deductions that you may be able to claim.
The harmonized sales tax (HST) is a mixture of the GST and a province’s provincial tax, but not all province’s do this. The following provinces have an HST:
If you are eligible to receive the GST/HST New Housing Rebate and reside in Ontario, British Columbia, or Québec, you are potentially eligible for a provincial rebate. Like the GST rebate, however, applicants must have recently purchased a new home or have significantly renovated their home to be eligible.
Please visit our Frequently Asked Questions page or contact us now to get the answer to all your questions regarding GST/HST rebate.