GST NEW HOUSING REBATE:
The GST New Housing Rebate may allow you to recover some of the goods and services tax (GST) paid for a new or substantially renovated house that has been purchased for use as your primary place of residence.
Calculate GST Rebate based on:
(Price including TAX & GST rebate)
(Price before TAX & GST Rebate)
* SterlingEdmonton Builder does not guarantee nor warranty the accuracy of any calculations or information provided by the GST Rebate Calculator. We strongly encourage that you verify all amounts with the home builder and/or financial lender of your choice.
Are you considering building a new home in Canada? Good news—the government offers a GST rebate on new homes! This rebate applies to both newly constructed homes that become your primary place of residence. Ready to take advantage of the rebate and build your dream home?
It is well known that in Canada, we must pay the Goods and Services Tax (GST) on almost everything we purchase, including some food goods, automobiles, and clothes. The topic of whether a transaction is taxed may arise when it comes to the biggest investment we will ever make: a home. The short answer is that yes, a newly constructed house purchase is subject to GST. However, the Canadian government provides a GST refund scheme to lower the cost of owning.
The GST Rebate Calculator
The GST Rebate Calculator is a handy tool for anyone looking to save money on their taxes. The calculator allows users to estimate their rebate eligibility based on various factors such as income, family size, and eligible expenses. By inputting this information, the calculator can determine exactly how much of a rebate the individual or family is entitled to receive. This can save countless hours of tedious number crunching and provide peace of mind during tax season. Even if someone isn’t eligible for a GST rebate, the calculator can still serve as an informative resource by providing insights into areas where one may be able to improve their eligibility in the future. Overall, the GST Rebate Calculator is a valuable resource for Canadian taxpayers looking to get the most out of their hard-earned money.