I am adding a new asset in a building subaccount for a new build . The Hst claim amount is being limited to 3%. Why?
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3 fév. 2026
I'm aware of the hst rate vs cca rate.
When I was adding a progress payment on a new build the hst claim allowed
was only $1900 and the actual hst was $6500. The system would not let me
continue with the required entry. I had to post to another capital asset
account and journal entry the same amount back to building asset. Both
accounts were set up same. Just wondering why the hst would have a maximum
claim amount.
Hi, I'm not sure where you saw that rate, HST is 13%. But Classes have depreciation rates which is a different story, maybe that is where you got confused. CCA rate for Class 1 building is 4% and for Class 6 is 10%.
I'm aware of the hst rate vs cca rate.
When I was adding a progress payment on a new build the hst claim allowed
was only $1900 and the actual hst was $6500. The system would not let me
continue with the required entry. I had to post to another capital asset
account and journal entry the same amount back to building asset. Both
accounts were set up same. Just wondering why the hst would have a maximum
claim amount.
Hi, I'm not sure where you saw that rate, HST is 13%. But Classes have depreciation rates which is a different story, maybe that is where you got confused. CCA rate for Class 1 building is 4% and for Class 6 is 10%.
I hope this helps, if not please let us know.