{"id":508,"date":"2025-11-22T17:33:19","date_gmt":"2025-11-22T17:33:19","guid":{"rendered":"https:\/\/canada.truenorthtaxes.ca\/?p=508"},"modified":"2025-11-22T17:33:19","modified_gmt":"2025-11-22T17:33:19","slug":"capital-assets-gst-hst-claims","status":"publish","type":"post","link":"https:\/\/truenorthbenefits.ca\/taxes\/capital-assets-gst-hst-claims\/","title":{"rendered":"GST\/HST and Capital Assets"},"content":{"rendered":"\n<style>\n:root {\n    --primary-color: #4F46E5;\n    --secondary-color: #10B981;\n    --text-dark: #1F2937;\n    --text-light: #6B7280;\n    --bg-light: #F9FAFB;\n    --border-color: #E5E7EB;\n    --success-color: #059669;\n    --warning-color: #F59E0B;\n}\n\n.vftc-wrapper {\n    font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, 'Helvetica Neue', Arial, sans-serif;\n    max-width: 1200px;\n    margin: 0 auto;\n    padding: 20px;\n    color: var(--text-dark);\n}\n\n.vftc-hero {\n    text-align: center;\n    padding: 40px 20px;\n    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0 2px 4px rgba(0, 0, 0, 0.05);\n}\n\n.vftc-faq-section h2 {\n    font-size: 2em;\n    margin: 0 0 30px 0;\n    color: var(--text-dark);\n    text-align: center;\n}\n\n.vftc-faq-item {\n    background: var(--bg-light);\n    padding: 24px;\n    border-radius: 12px;\n    margin-bottom: 16px;\n    cursor: pointer;\n    transition: all 0.3s;\n}\n\n.vftc-faq-item:hover {\n    background: #F3F4F6;\n}\n\n.vftc-faq-question {\n    font-weight: 600;\n    color: var(--text-dark);\n    display: flex;\n    justify-content: space-between;\n    align-items: center;\n    font-size: 1.1em;\n}\n\n.vftc-faq-toggle {\n    width: 32px;\n    height: 32px;\n    background: white;\n    border-radius: 50%;\n    display: flex;\n    align-items: center;\n    justify-content: center;\n    flex-shrink: 0;\n    transition: all 0.3s;\n}\n\n.vftc-faq-item.active .vftc-faq-toggle {\n    background: var(--primary-color);\n}\n\n.vftc-faq-toggle svg {\n    width: 20px;\n    height: 20px;\n    stroke: var(--text-dark);\n    transition: all 0.3s;\n}\n\n.vftc-faq-item.active .vftc-faq-toggle svg {\n    stroke: white;\n    transform: rotate(180deg);\n}\n\n.vftc-faq-answer {\n    margin-top: 16px;\n    color: var(--text-light);\n    line-height: 1.7;\n    display: none;\n}\n\n.vftc-faq-item.active .vftc-faq-answer {\n    display: block;\n}\n\n.vftc-cta-box {\n    background: linear-gradient(135deg, var(--primary-color) 0%, #7C3AED 100%);\n    padding: 32px;\n    border-radius: 12px;\n    text-align: center;\n    color: white;\n    margin: 30px 0;\n}\n\n.vftc-cta-box h3 {\n    margin: 0 0 16px 0;\n    color: white;\n}\n\n.vftc-cta-box p {\n    margin: 0 0 20px 0;\n    opacity: 0.95;\n    color: white;\n}\n\n.vftc-cta-button {\n    display: inline-block;\n    background: white;\n    color: var(--primary-color);\n    padding: 14px 32px;\n    border-radius: 8px;\n    text-decoration: none;\n    font-weight: 600;\n    transition: all 0.3s;\n}\n\n.vftc-cta-button:hover {\n    transform: translateY(-2px);\n    box-shadow: 0 4px 12px rgba(0, 0, 0, 0.2);\n}\n\n@media (max-width: 768px) {\n    .vftc-hero h1 {\n        font-size: 1.8em;\n    }\n    \n    .vftc-content {\n        padding: 24px;\n    }\n    \n    .vftc-features-grid {\n        grid-template-columns: 1fr;\n    }\n}\n<\/style>\n<div class=\"vftc-wrapper\">\n    <div class=\"vftc-hero\">\n        <h1>GST\/HST and Capital Assets in Canada 2026<\/h1>\n        <p>Master your input tax credits and avoid costly mistakes with capital property rules that actually make sense<\/p>\n    <\/div>\n\n<div class=\"vftc-content\">\n    <p>Let&#8217;s cut through the CRA jargon, eh? If you&#8217;re self-employed or running a small business, figuring out whether that new delivery van or office building qualifies for GST\/HST credits can feel like trying to read a map in a snowstorm. The rules around capital assets are where most entrepreneurs get tripped up \u2014 and it&#8217;s not your fault. The system is genuinely complicated, but getting it right could mean thousands back in your pocket.<\/p>\n\n    <div class=\"vftc-highlight-box\">\n        <h3>Quick Answer<\/h3>\n        <p><strong>You can claim Input Tax Credits (ITCs) on GST\/HST paid for capital assets<\/strong> used primarily (>50%) in commercial activities. This includes vehicles, equipment, and real property, but the CRA&#8217;s &#8220;change-in-use&#8221; rules mean you&#8217;ll need to track how your asset usage shifts over time. For new registrants, you can even claim ITCs on assets you already owned before getting your GST\/HST number.<\/p>\n    <\/div>\n\n    <h2>\n        <div class=\"vftc-icon\">\n            <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M9 12l2 2 4-4m6 2a9 9 0 11-18 0 9 9 0 0118 0z\"><\/path>\n            <\/svg>\n        <\/div>\n        What Qualifies as a Capital Asset?\n    <\/h2>\n    \n    <p>For GST\/HST purposes, a capital asset is property that would be considered <strong>capital property under the Income Tax Act<\/strong>. Think long-term investments, not stuff you flip regularly. We&#8217;re talking about that work truck that&#8217;ll last you five years, not the inventory you&#8217;re selling next week.<\/p>\n\n    <div class=\"vftc-features-grid\">\n        <div class=\"vftc-feature-card\">\n            <div class=\"vftc-feature-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M13 10V3L4 14h7v7l9-11h-7z\"><\/path>\n                <\/svg>\n            <\/div>\n            <h4>Capital Personal Property<\/h4>\n            <p>Depreciable assets like vehicles, machinery, computers, and equipment that qualify for capital cost allowance<\/p>\n        <\/div>\n\n        <div class=\"vftc-feature-card\">\n            <div class=\"vftc-feature-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M3 7v10a2 2 0 002 2h14a2 2 0 002-2V9a2 2 0 00-2-2H5a2 2 0 00-2-2H3z\"><\/path>\n                <\/svg>\n            <\/div>\n            <h4>Capital Real Property<\/h4>\n            <p>Land, buildings, and leasehold improvements used in your business operations<\/p>\n        <\/div>\n\n        <div class=\"vftc-feature-card\">\n            <div class=\"vftc-feature-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M12 8c-1.657 0-3 .895-3 2s1.343 2 3 2 3 .895 3 2-1.343 2-3 2m0-8c1.11 0 2.08.402 2.599 1M12 8V7m0 1v8m0 0v1m0-1c-1.11 0-2.08-.402-2.599-1\"><\/path>\n                <\/svg>\n            <\/div>\n            <h4>Excluded Classes<\/h4>\n            <p>Property in Classes 12, 14, 14.1, or 44 of Schedule II to Income Tax Regulations doesn&#8217;t qualify<\/p>\n        <\/div>\n\n        <div class=\"vftc-feature-card\">\n            <div class=\"vftc-feature-icon\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M9 7h6m0 10v-3m-3 3h.01M9 17h.01M9 14h.01M12 14h.01M15 11h.01M12 11h.01M9 11h.01M7 21h10a2 2 0 002-2V5a2 2 0 00-2-2H7a2 2 0 00-2 2v14a2 2 0 002 2z\"><\/path>\n                <\/svg>\n            <\/div>\n            <h4>Basic Tax Content<\/h4>\n            <p>The key formula: (A &#8211; B) \u00d7 C, where A is tax paid, B is rebates\/ITCs received, and C is FMV\/original cost<\/p>\n        <\/div>\n    <\/div>\n\n    <h2>\n        <div class=\"vftc-icon\">\n            <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M12 8c-1.657 0-3 .895-3 2s1.343 2 3 2 3 .895 3 2-1.343 2-3 2m0-8c1.11 0 2.08.402 2.599 1M12 8V7m0 1v8m0 0v1m0-1c-1.11 0-2.08-.402-2.599-1\"><\/path>\n            <\/svg>\n        <\/div>\n        The Change-in-Use Rules (Where It Gets Tricky)\n    <\/h2>\n\n    <p>Here&#8217;s where many small business owners get blindsided. You buy a vehicle, use it 80% for business, claim ITCs accordingly, then your situation changes. Maybe you downsize your operations or start working from home more. Suddenly that same vehicle is only 40% business use. The CRA has <strong>strict change-in-use rules<\/strong> that kick in when your asset usage crosses certain thresholds.<\/p>\n\n    <p>For <strong>capital personal property<\/strong>, the magic number is 50%. If you start using it MORE than 50% in commercial activities, you can claim an ITC equal to the basic tax content. If you drop BELOW 50%, you might have to repay some of that credit. It&#8217;s a two-way street, folks.<\/p>\n\n    <p>For <strong>capital real property<\/strong>, the threshold is just 10%. Begin using it more than 10% commercially, and you&#8217;re considered to have purchased it at fair market value \u2014 allowing you to claim ITCs. But drop to 10% or less, and you&#8217;re deemed to have sold it, which means accounting for GST\/HST collected. Yeah, it feels like a paperwork nightmare, but these rules prevent people from gaming the system.<\/p>\n\n    <div class=\"vftc-highlight-box\">\n        <h3>Real-World Example<\/h3>\n        <p>You buy a tractor for $10,000 + $500 GST, initially using it only for exempt activities (no ITC). Two years later, you pivot your business and start using it 60% commercially. At that time, fair market value is $7,000. Your ITC is ($500 &#8211; $0) \u00d7 ($7,000\/$10,000) = <strong>$350<\/strong>. You&#8217;ll report this on line 108 of your GST\/HST return.<\/p>\n    <\/div>\n\n    <h2>\n        <div class=\"vftc-icon\">\n            <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M12 6.253v13m0-13C10.832 5.477 9.246 5 7.5 5S4.168 5.477 3 6.253v13C4.168 18.477 5.754 18 7.5 18s3.332.477 4.5 1.253m0-13C13.168 5.477 14.754 5 16.5 5c1.747 0 3.332.477 4.5 1.253v13C19.832 18.477 18.247 18 16.5 18c-1.746 0-3.332.477-4.5 1.253\"><\/path>\n            <\/svg>\n        <\/div>\n        New Registrant? Don&#8217;t Leave Money on the Table\n    <\/h2>\n\n    <p>Just became a GST\/HST registrant? Here&#8217;s some good news that might make you feel like you won the lottery (well, a small one). The CRA lets you claim ITCs on <strong>capital property you already owned before registering<\/strong>. They treat it as if you purchased the property at the moment you became a registrant.<\/p>\n\n    <p>The catch? Your ITC is limited to the <strong>basic tax content<\/strong> of the property at that time. So if you bought equipment three years ago for $50,000 + $2,500 GST, and it&#8217;s now worth $30,000, your potential ITC is based on that reduced value. Still better than nothing, especially when you&#8217;re just starting out and every loonie counts.<\/p>\n\n    <div class=\"vftc-cta-box\">\n        <h3>Need to Calculate Your Tax Savings?<\/h3>\n        <p>Figure out how much you could get back with our sales tax calculator<\/p>\n        <a href=\"https:\/\/truenorthbenefits.ca\/taxes\/sales-tax-calculator\/\" class=\"vftc-cta-button\">Try Our Sales Tax Calculator<\/a>\n    <\/div>\n\n    <h2>\n        <div class=\"vftc-icon\">\n            <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M9 7h6m0 10v-3m-3 3h.01M9 17h.01M9 14h.01M12 14h.01M15 11h.01M12 11h.01M9 11h.01M7 21h10a2 2 0 002-2V5a2 2 0 00-2-2H7a2 2 0 00-2 2v14a2 2 0 002 2z\"><\/path>\n            <\/svg>\n        <\/div>\n        Self-Assessment Rules for Real Property\n    <\/h2>\n\n    <p>When you&#8217;re buying commercial real property, the CRA cuts you some slack on cash flow. Instead of paying GST\/HST to the seller (who&#8217;d then remit it to the CRA), you <strong>self-assess the tax<\/strong> on your own GST\/HST return. This means you&#8217;re both the vendor and purchaser for tax purposes.<\/p>\n\n    <p>Why does this matter? On a $500,000 property with $25,000 GST, that could be serious money sitting in limbo for months. Self-assessment lets you claim the ITC in the same reporting period, so you&#8217;re not out-of-pocket. The key requirement? You must use the property <strong>primarily (>50%) in commercial activities<\/strong>. Doctor&#8217;s offices and other exempt uses don&#8217;t qualify.<\/p>\n\n    <p>Understanding <a href=\"https:\/\/truenorthbenefits.ca\/taxes\/gst-hst-registration-small-businesses\/\" style=\"color: var(--primary-color); text-decoration: none; font-weight: 600;\">GST\/HST registration requirements<\/a> can help you determine if these rules apply to your situation.<\/p>\n\n    <h2>\n        <div class=\"vftc-icon\">\n            <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M9 12h6m-6 4h6m2 5H7a2 2 0 01-2-2V5a2 2 0 012-2h5.586a1 1 0 01.707.293l5.414 5.414a1 1 0 01.293.707V19a2 2 0 01-2 2z\"><\/path>\n            <\/svg>\n        <\/div>\n        Too Complicated? Simplified Methods Exist\n    <\/h2>\n\n    <p>If all this talk of basic tax content and change-in-use calculations makes your head spin, the CRA actually has a heart. Their <strong>Simplified Method for ITCs<\/strong> lets eligible businesses skip separating GST\/HST on every receipt. If your annual taxable supplies are under $500,000 and taxable purchases under $2 million, you can use this streamlined approach.<\/p>\n\n    <p>You&#8217;ll still need documentation, but you won&#8217;t have to show GST\/HST separately in your books. It&#8217;s a life-saver for sole proprietors buried in receipts. Curious about where your business fits? Check out the <a href=\"https:\/\/truenorthbenefits.ca\/taxes\/tax-brackets-canada\/\" style=\"color: var(--primary-color); text-decoration: none; font-weight: 600;\">tax bracket implications<\/a> for your income level.<\/p>\n<\/div>\n\n<div class=\"vftc-faq-section\">\n    <h2>Frequently Asked Questions<\/h2>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            What&#8217;s the difference between capital personal property and capital real property for GST\/HST?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            Capital personal property includes movable assets like vehicles, equipment, and computers that qualify for capital cost allowance. Capital real property refers to land, buildings, and leasehold improvements. The key difference? Change-in-use thresholds differ (50% for personal property vs 10% for real property), and real property has special self-assessment rules that don&#8217;t apply to personal property.\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            How do I calculate basic tax content for a capital asset?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            The formula is: (A &#8211; B) \u00d7 C. A is the GST\/HST you paid on the property, B is any rebates or ITCs you already received, and C is the lesser of 1 or (fair market value \u00f7 original cost). If the asset hasn&#8217;t lost value, C equals 1. This calculation determines your ITC when you change use or become a new registrant.\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            Can I claim ITCs on a vehicle I use for both business and personal driving?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            Yes, but only for the commercial portion. If you use it 60% for business, you can claim 60% of the GST\/HST paid. Keep detailed mileage logs \u2014 CRA will want receipts if audited. If your business use drops below 50% later, you may need to repay some ITCs through change-in-use rules. Track it like a hawk!\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            What happens if I sell a capital asset I claimed ITCs on?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            You&#8217;ll generally need to collect GST\/HST on the sale and remit it. However, you may be able to claim an ITC for any tax you previously paid but couldn&#8217;t recover. For real property, self-assessment rules apply. The amount you report depends on the asset type and how much you used it commercially vs. for exempt activities.\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            Do improvements to capital property qualify for ITCs?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            Yes, but here&#8217;s the twist: ITCs for improvements depend on the percentage of use of the underlying real property in commercial activities, not the improvement itself. If your building is 70% commercial, you can claim 70% ITC on renovations. This differs from the initial purchase rules, so don&#8217;t get confused!\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            Can I claim ITCs on capital assets I owned before registering for GST\/HST?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            Absolutely! New registrants can claim ITCs on property they had on hand when they registered. The CRA treats it as if you purchased the property at that moment. Your ITC equals the basic tax content at registration time. This is huge for businesses that waited to register until they crossed the $30,000 threshold.\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            What&#8217;s the difference between commercial activities and exempt activities for capital assets?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            Commercial activities are taxable supplies subject to GST\/HST. Exempt activities include healthcare, financial services, residential rentals, and most educational services. If you use capital assets primarily for exempt activities, you can&#8217;t claim ITCs. The percentage of commercial vs exempt use determines your ITC eligibility and potential repayments.\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            How do I report change-in-use adjustments on my GST\/HST return?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            Report ITCs from increased commercial use on line 108 (electronic) or line 106 (paper). Report GST\/HST you owe from decreased commercial use on line 105 (electronic) or line 103 (paper). Different lines for different situations \u2014 getting them wrong can trigger CRA inquiries, so double-check your entries.\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-faq-item\">\n        <div class=\"vftc-faq-question\">\n            Are there simplified methods for small businesses to claim ITCs on capital assets?\n            <div class=\"vftc-faq-toggle\">\n                <svg fill=\"none\" stroke=\"currentColor\" viewBox=\"0 0 24 24\">\n                    <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9l-7 7-7-7\"><\/path>\n                <\/svg>\n            <\/div>\n        <\/div>\n        <div class=\"vftc-faq-answer\">\n            Yes! The Simplified Method for ITCs is available if your annual taxable supplies are $500,000 or less and taxable purchases under $2 million. You don&#8217;t need to show GST\/HST separately in records, just total eligible purchases. However, change-in-use rules for capital property still apply, so track those usage percentages carefully.\n        <\/div>\n    <\/div>\n\n    <div class=\"vftc-cta-box\">\n        <h3>Still Unsure About Your Situation?<\/h3>\n        <p>Calculate your potential credits and see how capital assets affect your overall tax position<\/p>\n        <a href=\"https:\/\/truenorthbenefits.ca\/taxes\/income-tax-calculator\/\" class=\"vftc-cta-button\">Calculate Your Tax Position<\/a>\n    <\/div>\n<\/div>\n<\/div>\n<script>\ndocument.addEventListener('DOMContentLoaded', function() {\n    const faqItems = document.querySelectorAll('.vftc-faq-item');\n    \n    faqItems.forEach(item => {\n        item.addEventListener('click', function() {\n            const isActive = this.classList.contains('active');\n            \n            \/\/ Close all items\n            faqItems.forEach(i => i.classList.remove('active'));\n            \n            \/\/ Open clicked item if it wasn't active\n            if (!isActive) {\n                this.classList.add('active');\n            }\n        });\n    });\n});\n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>GST\/HST and Capital Assets in Canada 2026 Master your input tax credits and avoid costly mistakes with capital property rules that actually make sense Let&#8217;s cut through the CRA jargon, eh? If you&#8217;re self-employed or running a small business, figuring out whether that new delivery van or office building qualifies for GST\/HST credits can feel [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-508","post","type-post","status-publish","format-standard","hentry","category-gst-hst-guide-canada"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"_links":{"self":[{"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/posts\/508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/comments?post=508"}],"version-history":[{"count":0,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/posts\/508\/revisions"}],"wp:attachment":[{"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/media?parent=508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/categories?post=508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/truenorthbenefits.ca\/taxes\/wp-json\/wp\/v2\/tags?post=508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}