What Builders (and Their Advisors) Need to Know About the Enhanced GST/HST Rental Rebate and First-Time Home Buyers' Rebate
CPD for Lawyers: 1 Substantive Hour
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The Government of Canada is actively promoting new housing development by offering incentives that eliminate or reduce unrecoverable GST/HST for rental projects and certain home buyers. These measures are designed to make new housing more accessible and affordable. To maximize the benefits of these incentives, it is essential for builders and their advisors to have a thorough understanding of how the rebate programs work, as well as strategies to avoid common pitfalls.
Join tax professionals Angelo Gentile and Kyle Spampinato as they unpack the enhanced GST/HST residential rental rebate introduced in late 2023, alongside the proposed First-Time Home Buyers' Rebate announced more recently. This webinar will provide the clarity and practical insights you need to move forward confidently in this new regulatory environment.
Topics include:
- An overview of the structure and intended operation of the enhanced GST/HST rebates
- Common traps that builders should be aware of when seeking to qualify residential rental projects for the enhanced rental rebate
- Best practices for builders of new condominium units on how to amend agreements with purchasers to account for the proposed First-Time Home Buyers' Rebate
- An overview of the most frequent rebate issues encountered by builders when interacting with the Canada Revenue Agency
Flo Tran-Butash | rsvp@airdberlis.com | 416.863.1500 x2578
