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Ask Allan a Tax Question and he will respond to you with an answer to your question within 24 hours!
I plan to rent my home on AirBnB for most of the year. Do I have to charge HST?
If you collect more than $30,000 from short-term rentals, then you must charge HST and file an annual HST return. The rate of HST in the province of Ontario is 13%. In addition, you can claim input tax credits for HST paid on rental expenses.
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