Saskatchewan Clarifies Provincial Sales Tax (PST) Rebate for New Home Construction

Saskatchewan has updated Information Bulletin PST-75, “PST Rebate for New Home Construction”, which provides taxpayers with administrative guidance related to this rebate. This bulletin was updated to add three notes providing additional guidance on the application of the rebate, as noted below:

1.    Applying for the Rebate

Supporting documentation should clearly state the agreed-upon value of the land, PST charged on the sale, and any upgrades, remodelling, or any charges for alternations from the base model.

2.    Builders' Liability

As the rebate was intended for the purchaser, builders may not accept assignment of the rebate unless they are paying or crediting the amount to a purchaser.

3.    Appliances, Furniture, and Furnishings

Upgrades to appliances normally provided by a builder, such as furnaces, water heaters, and air exchangers, qualify for the rebate.