The parliamentary budget officer says an eligible first-time homebuyer would save an average of $26,832 in sales tax on the price of a newly built home under Ottawa's latest housing proposal.

The Liberal government introduced legislation on June 5 to eliminate the GST portion from new home sales of up to $1 million ...

The debate on applying the GST to new homes was evident in some of the original briefings on the sales tax in 1989. At the time, any buyer paying less than $300,000 got a GST rebate, when the ...

For properties valued at or below $350,000, the rebate is 36% of the total GST paid, to a maximum of $6,300. The maximum rebate is phased out linearly for homes valued between $350,000 and $450,000.

For properties valued at or below $350,000, the rebate is 36% of the total GST paid, to a maximum of $6,300. The maximum rebate is phased out linearly for homes valued between $350,000 and $450,000.

How much will you receive via the GST/HST rebate? For the payment period from July 2024 to June 2025, single Canadians could receive up to $519 annually ($129.75 quarterly), while couples could ...

The GST rebate would be phased down as the price of the home approaches $1.5 million. Homes bought from May 27 through to 2031 can qualify for the rebate, as long as construction starts before ...

Here's how Canadian households can use the GST/HST tax credit in 2025 to build long-term wealth over the next decade. The post GST/HST Rebate 2025: You Could Get up to $129.75 Every Quarter appeared ...

An eligible first-time homebuyer could save an average of $26,832 in sales tax on the price of a newly built home under Ottawa’s latest housing proposal, the parliamentary ...

The GST rebate would be phased down as the price of the home approaches $1.5 million. Homes bought from May 27 through to 2031 can qualify for the rebate, as long as construction starts before ...

The GST rebate would be phased down as the price of the home approaches $1.5 million. Article content Homes bought from May 27 through to 2031 can qualify for the rebate, as long as construction ...