To determine the GST, simply type in the purchase price in the appropriate box, then click on the final purchase price.




GST Rebate Calculator

G.S.T. Rate in effect:

(includes taxes and rebate)
$
OR

(exludes taxes and rebate)
$

Calculate Price and GST Rebate Details
 

Price, Tax, and GST Rebate Breakdown:
BASE PRICE:
$
G.S.T.
$
GST REBATE:
$
NET GST:
$
FINAL PRICE:
$
 

 

Frequently Asked Questions

How much of a GST rebate is given?
In many cases, purchasers may be eligible to claim a GST Rebate for a portion of the GST they pay on the purchase price or cost of building a new home. New home buyers can apply for a 36% rebate of the 5% GST applicable to the purchase price to a maximum of $6,300 for homes costing $350,000 or less (before GST). For new homes priced between $350,000 and $450,000 (before GST), the GST Rebate is reduced proportionately.

Are all new homes eligible for a GST rebate?
No. New homes priced $450,000 or higher (before GST) are not eligible to receive a GST Rebate.
How do I get the GST Rebate?
The qualified GST rebate amount is subtracted on the offer to purchase (shown on a separate line). At the time of possession, you’ll sign a release form that will allow us to remit the rebate application form on your behalf to receive the rebate previously given in advance to you.
Can I receive the GST Rebate if the property is not my primary residence?

No. One of the main conditions for a new housing rebate to be available is that you must buy or build the house for use as your or your relation’s primary place of residence. Your primary place of residence is generally a house that you own, jointly or otherwise, and that you intend to live in on a permanent basis. You may have more than one place of residence, but you are considered to have only one primary place of residence.

IMPORTANT NOTICE:
The calculated results and information are provided for illustrative purposes only. Neither Jacobson & Greiner Group Ltd., nor any of its subsidiary companies, makes any claims, promises or guarantees about the accuracy, completeness, or adequacy of the information provided. Visitors are encouraged to review official versions of all documents upon which they plan to rely, with the appropriate representatives.