Best answer: How do I get a HST number for my real estate agent in Ontario?

If it’s time (or past time) for you to register for the GST/HST, the good news is that it’s easy to do. You can call CRA’s business inquiries line at 1-800-959-5525 and do it in five minutes on the phone. You’ll actually get your GST/HST number on the spot.

Do real estate agents collect HST?

A. Yes, HST is payable on certain services associated with the purchase of a home, such as legal fees, real estate commissions, moving fees, appraisals, and home renovation services.

Do I need a GST number as a REALTOR?

In Ontario, REALTORS® are required to collect GST on their real estate commission revenues but are also entitled to claim input tax credits for any GST paid on their purchases of taxable goods and services. … However, mortgage brokerage fees and commissions are exempt from GST.

How do I get an HST number for my real estate agent?

If it’s time (or past time) for you to register for the GST/HST, the good news is that it’s easy to do. You can call CRA’s business inquiries line at 1-800-959-5525 and do it in five minutes on the phone. You’ll actually get your GST/HST number on the spot.

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Do real estate agents charge HST in Ontario?

Do I have to pay taxes on the real estate agent commission? Yes, the seller has the pay HST in Ontario on the real estate agent commission.

Can an individual get an HST number?

Registering for a GST/HST number is easy; in fact, you can apply for one online, over the phone, or by mail. … In certain situations, like if you’re a taxi or limousine operator, you have to register for a GST/HST number even if your revenues are less than $30,000.

Do I need a business number to get an HST number?

A GST/HST account number is part of a business number (BN). If you don’t have a BN yet, you will receive one when you register for your GST/HST account. Register voluntarily for a GST/HST account. …

What is an HST number?

What is a GST/HST number? The GST/HST is a tax we pay on most goods and services, excluding basic food items, public transit and some real estate services. … “The business number is a unique 9-digit number with suffixes that identify the province that the business is resident in, as well as the program,” says Paskowitz.

Do independent contractors charge HST?

You do not charge or collect GST or HST on your income. You are subject to tax on most employment benefits. As an independent contractor you generally will not receive such benefits.

How much is HST in Ontario?

Sales Tax Rates by Province

Province Type Total Tax Rate
Ontario HST 13%
Prince Edward Island HST 15%
Quebec GST + *QST 14.975%
Saskatchewan GST + PST 11%
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How long does it take to get GST number?

GST registration usually takes between 2-6 working days.