Getting your HST back
IF YOU Purchased a new construction home or Renovated an old one!
CALL NOW TO DISCUSS YOUR eligibility 1-888-544-5467
The New Housing HST Rebate also applies to substantial renovations, additions and conversions. The word "substantial" is key in determining whether or not your claim for renovations will be successful. In the case of conversions, there are strict guidelines with respect to the prior use of the building, the timing of the changes, and the individual(s) taking up residence during or after the conversion. Generally speaking, if the renovations or changes you make are great enough, the government may agree to treat it as a newly built house for the purposes of the rebate. We can help you determine if the construction work you did to your house is extensive enough to consider your house as new. Even better, though, talk to us before you start your renovation project - it may make financial sense to expand your plans, claim the HST rebate, and use those funds to pay for a larger renovation!
Did you know that you can get an HST Rebate of up to $30,000 if you purchased a property to rent?
Did you know that you can get an HST Rebate of up to $24,000 if you recently renovated your home?
Did you know that you can get an HST Rebate of up to $30,000 if you purchased a new construction home?
You may be entitled to a rebate of the HST you paid, but be aware that the CRA prescribes very specific rules. You must meet the criteria to qualify under their programs. You must file the forms correctly and within the allotted timeframe. A mistake anywhere along the way can be costly.
The current guide from CRA for the Rental Property Rebate program is 33 pages long. It starts with one and a half pages of definitions, and continues with another half page to define who qualifies as a "builder". There are five application "types". The complete guide is readily available to anyone who wants to apply for a rebate. But do you have time to study up on the program and decipher the fine print? Can you afford to have your rebate claim denied?
Over $10 million in rebates have been processed. Make sure you get yours!