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A new housing rebate for a major addition unless you also renovate your existing house and the work is so extensive that your entire house is viewed as a newly built home. For more information, see Guide RC4028. Give the dimensions of the substantial renovation or major addition: sq. metres Give the total dimensions of the house (including the substantial renovation or major addition): sq.metres GST191-WS E (10) Vous pouvez obtenir ce formulai.

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How to fill out the Construction Summary Worksheet online

Completing the Construction Summary Worksheet is an essential step for anyone seeking a GST/HST new housing rebate. This guide provides clear, step-by-step instructions to help you successfully fill out this important form online.

Follow the steps to complete your Construction Summary Worksheet online.

  1. Click ‘Get Form’ button to access the Construction Summary Worksheet online and open it in the editor.
  2. Begin by entering your claimant information in Section A. Include the address of the new house, year, date of occupancy, city, province or territory, and postal code. Indicate whether you lived in the house during construction or substantial renovation.
  3. Attach proof of occupancy by including a photocopy of one of the acceptable documents such as a new house insurance policy or an invoice for utilities.
  4. Move to Section B and input the construction information. Record the building permit number, issuing municipality, construction start and end dates, fair market value, and dimensions of the new house or renovations.
  5. Specify whether your claim is for a substantial renovation or major addition, and describe the work done if applicable.
  6. Complete Section C by listing each vendor and corresponding invoices for the construction materials and services used. Include the vendor's name, Business Number, invoice date, number, amount, and specify if the invoice was for materials or labor.
  7. Ensure that you include all necessary totals from Pages 2 through 7 as per the guidelines laid out in the worksheet instructions.
  8. Once completed, review all entries for accuracy. You can then save your changes, download a copy, print the form, or share it as required.

Start completing your Construction Summary Worksheet online today to ensure your GST/HST new housing rebate process runs smoothly.

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2023 GST on New Homes in BC Any property that is not brand new (has been lived in) and has been used for residential purposes in the past are exempt from GST. Essentially, the GST has already been paid for at the first point of purchase.

With this incentive, Government of Canada provides: 5% or 10% for a first-time buyer's purchase of a newly constructed home. 5% for a first-time buyer's purchase of a resale (existing) home. 5% for a first-time buyer's purchase of a new or resale mobile/manufactured home.

The GST is a Federal tax of 5% on the purchase price of a new home or a substantially renovated home. New home buyers can apply for a rebate of up to a maximum of 36% of the tax if the purchase price is $350,000 or less. A partial GST rebate is available for new homes costing between $350,000 and $450,000.

In Ontario, buyers are charged 13% HST on new homes. This tax is broken down into two segments, 5% being the federal portion and the remaining 8% being the provincial part. While 13% may not seem like a lot at first, it can definitely pile up quickly for first-time buyers.

What are the current rules? First-time home buyers who acquire a qualifying home can claim a non-refundable tax credit of up to $750 . The value of the HBTC is calculated by multiplying $5,000 by the lowest personal income tax rate (15% in 2022).

GST/HST New Housing Rebate New home buyers can apply for a rebate for the 5% GST if the purchase price is $350,000 or less. The rebate is equal 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.

Public Essential and Key (PEAK) Program The Alberta PEAK program is a down payment assistance program for first-time home buyers in the province. It provides eligible homebuyers with a grant of up to 5% of the purchase price of their home to help cover their down payment and closing costs.

How much is the new housing rebate? The new housing rebate is worth 36% of the GST or federal portion of the HST paid on a newly constructed home, up to a maximum of $6,300. The rebate is valid on homes that are considered fair to the market with a value of $350,000 or less.

The rebate is available to home owners who have purchased a home from the builder or custom-built their own homes. The HST housing rebate in Ontario and GST housing rebate in Ontario is available to those home owners who buy the property as their principal place of residence.

For the 2022 base year (payment period from July 2023 to June 2024), you could get up to: $496 if you are single. $650 if you are married or have a common-law partner. $171 for each child under the age of 19.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232