WitrynaIs there a change to the amount of ... tax payable under the HST? Short Term Auto Rentals 5% 7% Plus $1.50 per day Passenger Vehicle Rental Tax Yes (rate remains at 12% but $1.50 per ... Witryna9 cze 2024 · The Purchase document clearly shows the HST number of the seller & the entity is a registered member of the car dealers association. The amount of HST has …

GST HS Code and rates for CAR RENTAL - KnowyourGST

WitrynaHere is basic rundown of how they work to determine your lease payments: The Selling Price of a vehicle you want to lease is $30,000 By the end of a three year lease the vehicle is now worth $17,000 – this is the Residual Value The Selling Price ($30,000) minus the Residual Value ($17,000) leaves $13,000 – this is the Depreciation Witryna2 lip 2011 · Generally, commercial leases from a landlord who is registered for the GST/HST are taxable. Property taxes paid by a tenant are to be treated as part of the payment to the landlord for the rental of the real property, even if the tenant pays the taxes directly to the municipality. the russian post

B.C. provincial sales tax (PST) - Province of British …

Witryna1 lut 2024 · The federal new housing rebate is equal to 36% of the federal component of GST/HST paid, up to a maximum of $6,300 (for homes valued at $350,000), with the rebate being gradually reduced and phased out … Witryna22 mar 2024 · You are to charge HST on rent if your income from all commercial activities including short-term rentals exceed $30,000. You can claim the HST you paid on expenses to lower the HST payable. Expenses like utilities, repairs & maintenance, advertising, etc. You can claim the rent that you pay the landlord as a business … Witryna31 sty 2024 · If you became a registrant on March 1, 2024, you can claim an ITC for the GST/HST you paid on rent for the month of March. You cannot claim an ITC for the … trader joe\u0027s instant coffee