GST on a new Infill?

[Voodoo Child]

Can anyone tell me if I have to pay GST on a brand new Infill?
It wouldn't make sense to me as there was an existing home already on the lot.

All help appreciated.

[lint]

all the new infills I've looked at had GST. Don't think it matters that there was a house on the property before.

[rockym20]

The GST construction rebate is based upon price. Once the price goes over $400K, there is no rebate. If this was a private resale, there should be no GST. But if you are buying from the builder, you will have to pay the GST.

[HRD2PLZ]

GST is even applicable on homes that have had substantial renovations. So yes, GST will apply on a new infill if you are buying from the builder.

[maximus5502]

on a new home, you should only be paying what they call" NET GST" as the developer get a GST REBATE on teh new construction.

IF you do pay FULL gst, YOU should be applicable for the GST "REBATE"

[Voodoo Child]

I'll let you all know what I found out today.

On an infill you DO pay GST, but it is always built in to the price...or at least should be.
On any home over $400K you DO NOT get the GST rebate.

[maximus5502]

Originally posted by Voodoo Child
I'll let you all know what I found out today.

On an infill you DO pay GST, but it is always built in to the price...or at least should be.
On any home over $400K you DO NOT get the GST rebate.

You are incorrect on the first one, it is the developers choice whether to include GST on the purchase of a new condo or home, sometimes theyu are listed as + GST in an attempt toshow a lower price on MLS and attract more people.

You are correct on teh second point however, there is a declining scale. The higher the price of the purchase, the lower the amount that you get as a rebate. you do get full rebate upto $300,000 and it starts to slide from there!!!!!

[Voodoo Child]

I'm not incorrect on the first one, I said they "should" include it and all of the ones we have been looking at (5-10) have it included. It's a reall a$$hole move to not include it from what realtors have told me because on infill over the $400K mark, which is almost every one, the GST is a substancial amount.