- Budget 2024 proposes to relax GST rebate conditions for new student housing
- Universities, public colleges, and school authorities can claim the Enhanced 100-per-cent GST Rental Rebate
- Applies to student residences constructed after September 13, 2023, and before 2031
- Residences must be completed before 2036
- Aimed at providing affordable housing for students on a not-for-profit basis
Source: crowe.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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