Friday, July 20, 2012

GST Rebate on New Homes …..Top 28 grants and rebates for property buyers and owners....For the next month I will feature a new grant or rebate each day!

Rebate

2. GST Rebate on New Homes

New home buyers can apply for a rebate of the federal portion of the HST (the 5% GST) if the purchase price is less than $350,000. The rebate is up to 36% of the GST to a maximum rebate of $6,300. There is a proportional GST rebate for new homes costing between $350,000 and $450,000.

Canada Revenue Agency www.cra.gc.ca Enter ‘RC4028’ in the search box.

1.800.959.8287

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