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03/19/17 06:11 PM
03/19/17 06:11 PM
Joined: Feb 2015
Posts: 371
Shyboy Offline OP
Shyboy  Offline OP
I know tax?

A little known fact... Women who are overweight tend to live longer than men who mention it...
Re: GST TAX ON HOA FEES [Re: Shyboy] #522421
03/19/17 08:56 PM
03/19/17 08:56 PM
Joined: Feb 2015
Posts: 371
Shyboy Offline OP
Shyboy  Offline OP
Really sorry... I didn't look before I posted this.. It was supposed to read... " I know many of you know the answer to this".... I have had two opinions from people I trust.... Are we supposed to pay GST on HOA dues? Simple question...

A little known fact... Women who are overweight tend to live longer than men who mention it...
Re: GST TAX ON HOA FEES [Re: Shyboy] #522431
03/20/17 07:48 AM
03/20/17 07:48 AM
Joined: Feb 2016
Posts: 152
Jameela01 Offline
Jameela01  Offline
Our HOA has increased due to the GST tax frown

Re: GST TAX ON HOA FEES [Re: Jameela01] #522441
03/20/17 06:12 PM
03/20/17 06:12 PM
Joined: Apr 2009
Posts: 515
Florida, Belize, Noerth Caroli...
CaptOneIron Offline
CaptOneIron  Offline
I have no doubt everyone will say it is taxable but logic would tell you that this is money you are paying yourself or for your own benefit and that is not a taxable event.

Captain One Iron
Re: GST TAX ON HOA FEES [Re: Shyboy] #522475
03/22/17 07:49 AM
03/22/17 07:49 AM
Joined: Jul 2010
Posts: 1,465
San Pedro, Belize
Judyann H. Offline
Judyann H.  Offline
Hello Peter....This is a link that might help..... ... We did pay GST during our HOA days however it did not start until the GST program was implemented around 2005, even then only 10% of the dues & services..... There was then an increase to 12.5% a few years later.... Some HOAs do not pay simply because they do not qualify for the minimum threshold amount..... The GST people are very helpful, a quick phone call to the department can get you the answers you want.....We have found them helpful, in fact they assigned us a direct agent for our first year to assist us with the proper filing..... You are a fair and intelligent business man I am confident once you talk to them, you will find what is needed. Wishing you the best....

My friends call me Judyann
Re: GST TAX ON HOA FEES [Re: Judyann H.] #522476
03/22/17 07:55 AM
03/22/17 07:55 AM
Joined: Jun 2008
Posts: 2,000
ragman Offline
ragman  Offline
Peter, I looked at one of my old statements and yes I've paid 12.5% also. We had some pretty competent people handling this and I'm quite sure it would not have been paid if not necessary.

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