Understanding the First-Time Home Buyers’ GST Rebate Effective from May 27, 2025, the First-Time Home Buyers’ (FTHB) GST Rebate offers substantial tax relief: Full GST Rebate: For new homes priced up to $1 million, eligible first-time buyers can recover 100% of the GST paid, translating to savings of up to $50,000. Partial GST Rebate: For…
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