As a University, we are entlitled to claim a rebate on the HST that we pay.  For most transactions, we receive a rebate of 67% on the federal portion of HST paid and 78% on the provincial portion of HST paid.

Rebates of up to 100% are available to certain commercial operations on campus.

Rebates are calculated automatically as each invoice is processed through Accounts Payable.  The rebate amounts are credited back to the same account where the invoice was charged by way of an automated journal entry.