Yes, it can be confusing but it's not necessary. Here's a table that explains it quite simply.
New Homes up to $400,000
- before July 1, 2010 5% GST payable / no change after July 1, 2010
- The new housing rebate will be 75 per cent of the Ontario component of the HST, up to a maximum of $24,000. The rebate will ensure that buyers of homes priced up to $400,000 will, on average, ...
Posted by Robert Atkinson
on May 4, 2010