News and Insights

Ontario News Release, “Clarifying Rules on Above-Guideline Rent Increase”

Tax Development Apr 12, 2010

Ontario has issued this news release to clarify the rules governing how the HST will affect above-guideline rent increases.  A change is proposed to the Residential Tenancies Act which would prevent tenants from being charged the HST in an above-guideline rent increase for utility costs.  Under the existing regulations, a landlord would be allowed to apply for an above-guideline rent increase based on the HST on utility costs.