Posted: 20-11-2010 12:07 AM
The rebate is available to a maximum of 1,500 people constructing their own homes or buyers of newly built homes. Only one rebate per home owner.
If a new home has more than one owner, only one owner may apply for the rebate. The other owners are also considered to have received the rebate under this program and are not eligible to apply for any further rebates under this program.
No. This program is for anyone building or purchasing a new home, as long as that project meets all of the eligibility requirements outlined above.
Preliminary application - a copy of the building permit along with the complete preliminary application form.
Final application - the bill of sale for the manufactured home along with invoices for any other construction expenses required to install the home.
Enclose a copy of your occupancy permit dated between January 1, 2009 and Mar 31, 2010 inclusive. If a formal request has been made to the municipality for an occupancy permit prior to April 1, 2010, an occupancy permit dated between April 1 and April 30, 2010 inclusive may also be accepted. The municipality will be contacted to verify the date of the request.
Final applications must be received at head office by end of business day April 30, 2010.
Primary place of residence means a house, owned jointly or otherwise, that is intended to be inhabited by an individual on a permanent basis.
For purposes of the new housing rebate, a person who has more than one place of residence should consider some of the following factors as to whether the residence may qualify as the primary place of residence:
Although an individual may build or acquire a new house in Nova Scotia, if his or her primary place of residence remains outside Nova Scotia, then the house in Nova Scotia would be a secondary place of residence and not qualify for the new housing rebate.
No. The New Home Construction Rebate is limited to new home construction. To be eligible for the rebate, the building permit must authorize the start of construction of a new home where one does not currently exist and be dated on or after January 1, 2009 and before April 1 2010.
For those building their new home or having it built, they must have an occupancy permit dated before April 1, 2010 to qualify. If a formal request has been made to the municipality for an occupancy permit prior to April 1, 2010, an occupancy permit dated between April 1 and April 30, 2010 inclusive may also be accepted. The municipality will be contacted to verify the date of the request.
For those buying a newly built home, the sale must close before April 1, 2010.
Final applications must be received at head office by end of business day April 30, 2010.
Construction activity to substantially renovate an existing home or make a major addition does not qualify for the New Home Construction rebate but may still qualify for a GST/HST New Housing Rebate.
No. The New Home Construction rebate is completely separate from the GST/HST New Housing Rebate. You may qualify for both.
The New Home Construction Rebate is a one-time rebate equivalent to 50% of the provincial portion of the HST, to a maximum of $7,000 on newly built homes.
The rebate ends March 31, 2010.