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Making Sense of the New Harmonized Sales Tax (HST)

There is so much talk about the new HST which will be effective July 1, 2010. From a Real Estate perspective, HSt will not affect the sale of your Mississauga Home but only affect services relating to the sale or purchase of a resale home. New home sales will be subject to HST but buyers will qualify for a rebate to a maximum of $24,000 on homes with a price tag of over $400,000.
The Ministry of Revenue has summarized all the items which are taxable or not as shown in the document below:

Whats Taxable Under HST

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