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Tax Tips - October 23, 2000

GST Rebate for Partnership
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If you are a member of a partnership and you claim expenses on your return, you may be able to get a GST rebate for any GST you paid on the expenses, as long as you meet both of these conditions:

	you are a member of a GST-registered partnership; and
	on your income tax return, you deduct expenses incurred to earn partnership income for which the partnership did not reimburse you.

The rebate is based on the amount of the expenses subject to GST that you deduct on your income tax return. Examples of those expenses are vehicle costs, meals, and entertainment. You can also get a GST rebate for capital cost allowance (CCA) you claim on certain types of property (e.g., if you claim CCA for a vehicle you bought to earn partnership income, and you paid GST when you bought the vehicle).