Skip to main content
DataIntelligence
Sell Your Home
Shortlisted Properties
  • New Homes
  • For Sale
  • For Rent
Danger! Indicates a dangerous or potentially negative action.
Error

Maximum 4 project can be compared at one go.

Short-Term Rental Municipal Accommodation Tax

Short Term Rentals in Toronto

The MAT (Municipal Accommodation Tax) is imposed on short-term rentals in Toronto. As a registered operator of short-term rentals, you need to assemble and put off 4 percent as a MAT on total rentals. As a short-term rental operator, you are required to collect the MAT tax as of January 1st. The payment will reflect as pending on a quarter-basis under 30 days later in the quarter period as per the below-given schedule.

Period of ReportingDue Date
1st January to 31st March30th April
1st April to 30th June30th July
1st July to 30th September30th October
1st October to 31st December30th January

Getting the Mat Report Filed

In order to collect and return the MAT on behalf of operators, short-period rental businesses can enter into an agreement for an elective collection with Toronto. Even if you did not rent out your short-term rental accommodation tax or decided to have your short-term rental firm gather and deposit the MAT on your behalf, you are still required to submit a report of the MAT for the entire reporting period. If you need assistance, please contact us by calling 311 for the Tax and Utility Inquiry Line. Below-given all the fields that are required unless specified as (optional):

Submission

Shooter Term Rental Registration Details

To make sure your Municipal Accommodation Tax Report is correctly applied to your short-term rental property, please provide the information below.

Number for Short-Term Rental Registration

The number will be given to you when you sign up for your temporary housing; Format: STR-0000-AAAAAA

What government ID will you use for registration?

Ontario Driver's Licence
Ontario Photo Card

Reporting

Which kind of report are you submitting?

I am filing a new report
I am replacing a previous report

Period of Reporting

Q4 2023 (October 1 - December 31)
Q4 2023 (October 1 - December 31)
Q3 2023 (July 1 - September 30)

Have you submitted short-term rentals amid this period?

A short-term rental is when all or a portion of a dwelling unit is made available for hire for fewer than 28 days straight. Bed and breakfasts (B&Bs) are included, but hotels and motels are not. Additionally, it excludes accommodations if no payment is made.

Agreement

Note: Always go through your report before making a submission. All supporting paperwork, claims, and representations, as well as the information supplied in this application, are true and correct. This application will be examined and verified; erroneous, false, or misleading information may result in penalties, taxes, interest, and fees being charged to the account to which this application belongs. All supplemental materials must be retained for three years.

Submit Report

You can also follow the step wise guide on how to put together your report of Municipal Accommodation Tax:

  • Fill in the number of your registration number of short-term rental in the following format: STR-0000-XXXXXX.
  • Enter your Ontario Photo Card, Ontario Driver's Licence or the other form of government-issued identity you need to register. Please double-check that the D information and registration number you are providing is accurate. Even after providing accurate information, if you still get an error notification, dial 311. Before submitting your MAT report, please update your ID details if it changed after you registered your short-lived rental.
  • Calculate your total revenue for the reporting duration. Do not include Airbnb's revenue if you chose to have them gather and postpone the MAT on your regard.
  • Indicate how many nights during the reporting period you leased the complete apartment or a portion of it. Do not conclude Airbnb rentals as Airbnb will report the count of nights rented immediately to Toronto.
  • Write down the tax balance that will be determined by your report of MAT. A report that has already been submitted can be corrected. Only corrections for the most recent and earlier reporting periods will be allowed. The record you initially provided for that reporting period will be instantly replaced by an updated report.

You must also keep track of all transactions involving accommodations, including any income earned and any accommodations that might be granted during a reporting period.

Keeping Track of the Municipal Accommodation Tax

After submitting a record of MAT online, you can use your registration number for short-term rental to pay via your financial institution using telephone banking, internet banking, an automated teller, or individually.

  • Fill out your record of MAT as directed above, making note of the complete taxable amount for the designated reporting time.
  • Use your registration number of short-time rental, which has the format STR-0000-XXXXXX, to submit your MAT. you can submit it via your financial institution from online banking, telephone banking, an automated teller, or by visiting the office. Short Time Rental Tax of Toronto is the payee.
  • To ensure that your money has reached Toronto in time for the due date, please make your payment a few days beforehand.

You are in charge of making sure the right amount of MAT is paid to the city. If you don't submit and pay for the MAT, the city may withdraw your registration number for short-term rental or refuse to renew it.

Taxes: HST vs. MAT

Only if you are a short-time rental operator registered for HST tax is the MAT subject to the tax. If your income from short-term rentals is less than $30,000, you do not need to register for HST. Learn more about HST online filing for vacation rentals in a new tab. Please see a sample MAT and HST calculation below if you are registered for HST:

  • 4% MAT: $4.00
  • 13% HST: $13.52
  • Room subtotal: $100
  • Total: $117.52

The HST is not required to be paid to Toronto. In addition to your other payments of HST, you must pay this one to the agency of Canada Revenue.

Paying Interest on MATs

From the day after the tax payment is delayed until the day on which the tax is fully paid, interest is charged on any overdue MAT payment at a monthly rate of 1.25%. After that, a 15% annual rate of interest on MAT will be charged on the principal amount due throughout the default term. All MAT payments that are declined by a financial organisation owing to insufficient funds will incur a $40 non-sufficient funds (NSF) fee.

Related Articles

Best Mortgage Rates Toronto

When you want to buy a home in Toronto, finding the best mortgage rates Toronto can save you a lot of money in the long run. Toronto, one of Canada’s biggest housing markets, offers a

Mortgage Rates toronto

Property Tax & Utility Applications and Deadlines

Pre-Authorised Payment ProgramsTo enrol in a Pre-Authorised Tax Payment Program (PTP), one must complete a Pre-Authorised Tax Application form. By enrolling in the program, the property tax bill payments are automatically deducted from your bank

Property Tax & Utility Applications and Deadlines

Property Tax Bill Types: E-Billing, Property Tax Account Statement & More

For a government of any country, property taxes are one of the most practical ways to earn revenue. Every homeowner in Canada is entitled to pay their share of property tax. The income collected through

Property Tax Bill Types

Pay Your Property Tax or Utility Bill

In Toronto, property taxes and Toronto utility bills can be paid online through the City of Toronto's website or in person at a ServiceToronto location. You can also pay by mail, phone, or through your

Pay Utility bill and Property Tax

Explore More Topics

Estate Investment Opportunities in Canadian Housing Market 2024

The Canadian housing market 2425 offers a variety of attractive locations for real estate investment, each with unique characteristics and

Canadian Housing Market 2024

Navigating Seller's Permits and Resale Certificates

Do you also encounter difficulties understanding seller's permits and resale certificates? If yes, then worry not, as this is common

Navigating Seller's Permits and Resale Certificates

Building Permit Regulations - Toronto Building Code

Purchasing and Constructing land in Ontario can be a daunting task. You never know what might happen. There are numerous

Toronto Building Code

Apply For a Building Permit in Toronto

Canada's most notable and famous city, Toronto. Any individual planning to reside in Canada, this city is a preferred choice.

Applying for Building Permit in Toronto

Toronto Property Tax Lookup

When it comes to Toronto, property transfer tax takes center stage during property transactions, encompassing both sales and purchases, even

Property Tax in Toronto

How to Pay Late Property Tax Payments in Toronto?

Property taxes are charges or levies imposed by the local government for upkeep, infrastructure improvement, and educational purposes. They are

Late Tax Bill Payments Toronto

Building Inspections in Toronto

By requiring building inspections for permits and demolitions, as well as by looking into emergency orders and work done without

Building Inspections in Toronto

Buying, Selling or Moving

Canada is a beautiful country that is well-positioned and doing great on global surveys of progress, safety, and quality of

Conditional Building Permit Applications

A Conditional Permit (CP) is a building permit issued where all the approvals were not received. CPs are used for

Conditional Building Permit Applications

Financial Support for Tenants and Homeowners

Since so long ago, Toronto, a city of towering buildings and legendary real estate masterpieces, has served its residents. When

Financial Support You Need as a Homeowner or Renter

Multi-Tenant House Owners & Operators

Multi-tenant housing is when four or more people bunk together in one house and share the washroom and the kitchen

Multi-Tenant House Owners

Vacant Home Tax in Toronto

A tax is a mandatory financial charge or some different type of levy imposed on the taxpayer by a government

Vacant Home Tax

Toronto Property Tax Rate

Toronto Property tax refers to the fee that residents of a country owe to their government. The amount of the

Toronto Property Tax

Property Assessment & Appeals in Toronto

All properties in Ontario must be valued and assigned a classification by the Municipal Property Assessments Corporation (MPAC) Opens in

Property Assessments & Appeals

Sign Permits & Information

The Sign By-law, which lays out rules for signs used for business identification or promotional reasons, was passed by the

Sign Permits & Information

Toronto Government Development Plan

Toronto, the largest city in Canada, is situated on the northwestern shore of Lake Ontario. It is home to a

Toronto City Development plan

Building Inspections Permits

By requiring building inspection permits and demolitions for building, as well as by looking into emergency orders and work done

Building-Inspection permits

How to Apply for a Building Permit?

One of the most crucial steps in the building process is obtaining a building permit. A building permit is a

How to Apply for a Building Permit

Co-operative Housing for Rent

You must have seen organisations that choose to invest in real estate properties. Do you know what exactly the framework

Co-operative Housing

Short-term Rentals in Toronto

Shifting is a global issue, especially for tenants with a travelling professional who needs to find a new settlement within

Short Term Rentals

Recent Blogs

How To Improve Your Credit Score Before Buying a Home

Are you dreaming of owning a home? A place to call your own? Buying a home is one of life’s biggest milestones, a mix of…

Examining the Effects of Gentrification in Canada on Local Inhabitants

Gentrification in Canada stands for a term that captures the transformation of a neighbourhood through the influx of more affluent residents and businesses. It can…

Stoney Creek Ontario : A City of Beauty and Potential

Tucked along the shimmering shores of Lake Ontario, Stoney Creek is where history whispers through scenic trails. Once a quiet village and now part of…

Navigating Condo Property Taxes Rates in Canada

Are you a new condo owner? It must be an exciting step to have your own space. However, are you aware of the financial responsibilities…

Tenant Eviction in Ontario : Laws, Costs, and Strategies

If you're a landlord in Ontario, then you should know about the tenant eviction process. It is essential for managing your property effectively and staying…

Journey Through Montreal’s Underground City - RESO (La Ville Souterraine)

Every trip to Montreal is considered complete with exploring the extraordinary underground city, called RESO Montreal Canada. It’s like a secret city under the streets,…

List of Best Places to Live in Burlington, Ontario

Burlington, Ontario, is where small-town charm meets urban energy, and every day feels like a page from your favourite novel. Burlington, located along the shores…

Pros And Cons of New Construction vs Resale Homes in Canada

Are you ready to buy a home in Canada but torn between the appeal of brand-new construction vs resale homes property? It’s a big decision,…

How To Obtain Building Permit in Canada For Home Improvements

When it comes to making home improvements, one of the first questions many homeowners have is, "When do I need a building permit?" It's a…

Kitchen Island Makeover : Designing the Perfect Hub

In the world of kitchen design, an island isn't just a stylish centrepiece. It's a pivotal element that can significantly enhance the functionality and flow…

List of Things To Do in Norfolk County, Ontario, Canada

Norfolk County is a treasure in Ontario, recognised for its breath-taking landscapes and rich past. It has beautiful beaches, charming villages, and green countryside, making…

Guide To Debt Consolidation Canada Through Mortgage or HELOC

Feeling trapped under the weight of multiple debts? Credit card balances, car loans, and personal loans piling up, leaving you juggling payments every month? What…

Treasury Bills in Canada : A Safe Investment Guide

Treasury bills in Canada are short-term government debt securities that mature within a year. As the Canadian government backs them, they are considered one of…

Guide To Alberta Auto Insurance Market

Alberta’s residents are facing the costliest auto insurance premiums in Canada, with litigation and legal fees twice as high as in Ontario. In recent years,…

Guide To Sell Your Life Insurance Policy in Canada

Are you trapped in a life insurance policy that no longer aligns with your needs? Or is there a way to unlock its value and…

Related to your search
Tell us a Little about yourself!