I plan to rent my home on AirBnB for most of the year for that do I have to charge HST?

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554 viewsApril 25, 2023Personal Tax

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Tabassum (anonymous) Posted April 25, 2023

I plan to rent my home on AirBnB for most of the year. Do I have to charge HST?

1 Answer

score 0 · Answer 1 · 2023-04-25T15:57:50+00:00

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.

I plan to rent my home on AirBnB for most of the year for that do I have to charge HST?

1 Answer

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