Refunds and rebates
A refund is for tax that has been overpaid or incorrectly paid, and is returned to a business or individual under a taxing statute or regulation. A refund is also for persons who have remitted to the Minister amounts in excess of the tax collectable or payable.
A rebate is for tax properly paid and is subsequently returned to a business or individual under a rebate provision.
An application for refund and all supporting documents, including documents showing proof of payment of tax or amounts remitted, must be received by the Ministry of Finance within four years from the date the tax was paid.
If your annual claim total is less than $500, you are not required to send the supporting documentation to the Ministry of Finance with your application. However, you must retain the supporting documentation noted in the above section, for a period of seven years and provide the information to the ministry upon request.
The Ontario Ministry of Finance offers a Direct Deposit service where refund and rebate payments are deposited directly into your account at the bank of your choice.
- Application for Refund Bad Debt (BDT) This package contains the required application forms to apply for a BDT refund.
- Application for Refund Loss of Product (PRL) / Overpayment of Tax This package contains the required application forms to apply for a PRL refund.
- Application for Refund Tax Exempt Sales (TES) This package contains the required application forms to apply for a TES refund