You need a time to apply for HST Relief
May 12, 2026
Global Korean Post
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The Ontario government on May 5th introduced the HST Relief Implementation Act (Residential Property Rebates), 2026 to support the implementation of the province’s 13 per cent HST relief on eligible new homes, which is being delivered in partnership with the federal government.
Buyers of eligible new homes valued at $1 million or less would receive the full 13 per cent relief on their home, to a maximum value of $130,000, while buyers of eligible homes valued at $1 million to $1.5 million would see relief of $130,000. The HST relief on eligible homes valued above $1.5 million would decline gradually to a maximum of $24,000 for homes valued at $1.85 million or more.
Implementation of the enhancements to the rebates on the eight per cent provincial portion of the HST requires federal regulatory amendments.
These legislative changes are required due to the nature of the federal government’s participation in this relief initiative, which requires the province to amend the Retail Sales Tax Act to enable a provincial top-up program of up to $50,000, equivalent to the five per cent federal portion of HST on a new home valued at $1 million.
While applications for HST relief are not open at this time, those who meet the relevant eligibility criteria can apply for the relief once applications open. For example, purchasers of an eligible home acquired on or after April 1, 2026, and on or before March 31, 2027, would be able to apply at a later date to receive the HST relief, even though the application process has not yet opened.
by Global Korean Post
