What is the HST Rebate on Newly Built Homes?
In Ontario, a 13% harmonized sales tax, a combination of GST and PST, is applied to all purchases, including purchasing property or building materials and renovation services. In an effort to enable affordability, the government offers an HST Rebate program which gives qualifying property owners buying a brand new property or building a new home from the ground up a portion of the HST back. Applications to the HST Rebate Program must be submitted through Canada Revenue Agency, and applying property owners must meet all of the eligibility requirements outlined. At Rebate4U, our team will help you determine if you are eligible for the rebate, and we will help manage your application to maximize your return.
How to Rebuild a Damaged Home?
Devastating acts of gods and damage to a home can leave property owners at a crossroads, unsure of what action to take next. With the support of the HST rebate program in Ontario, rebuilds become a more viable option. Before starting your demolition or renovations, you must assess the damage and start with a plan for your future home, including architectural drawings. Finding a renovation contractor you can trust to follow all the necessary steps is a good starting point; they will help you obtain the required permits and get you on track for an efficient, high-quality result. Once your blueprints are laid out, you’ll need to find an interior designer to furnish your new home retaining all your documents.
The steps for rebuilding your property include the following: - Choosing a Builder
- Obtaining Permits & Approvals
- Finalize Designs & Plans Behind Construction
- Final Inspections & Approvals
- Once your construction is completed, you can submit your HST Rebate application to the Canada Revenue Agency with Rebate4U.
If you’re planning on rebuilding your home, contact our team to find out if applying for the HST Rebate Program in Ontario is right for you.
Does Your Rebuild Qualify?
Eligibility for the HST Rebate in Ontario is nuanced. To find out if you qualify, it’s best to reach out to the Rebate4U team. Our tax professionals have years of experience with the HST Rebate on newly built homes and home renovations, equipping us with the insight to guide you successfully. To reap the benefits of the rebate, submit your application within 2 years of your construction and bring all your documentation to the Rebate4U team. Our experts will help you pinpoint the invoices and other paperwork needed to complete your application and maximize your rebate.
Rebuild & Restore Your Home with Rebate4U
Rebuilding a damaged home in Ontario with the HST rebate program can be a game-changer for homeowners facing the daunting task of restoring their properties. The HST rebate program provides substantial financial incentives that alleviate the cost burden associated with rebuilding, allowing individuals and families to focus on regaining a sense of normalcy and security. Choose the trusted and experienced professionals at Rebate4U and start your construction.
Contact Us Today. 
