VATupdate

Share this post on

Get A Tax Refund On Your New or Substantially Renovated Home

If you bought a new or substantially renovated home, you may be entitled to a tax refund.

As a consumer, you pay 13% Harmonized Sales Tax (HST) on most goods and services in Ontario. HST is a hybrid sales tax consisting of both federal and provincial sales taxes. As of June 2010, HST is now also payable on all new home sales in Ontario. However, you may be entitled to a rebate.

Source: devrylaw.ca

Sponsors:

VAT news
VAT news

Advertisements: