This article explains what Parkeas does with tax on bookings and what you'll find in your dashboard. It isn't tax advice. For advice about your own situation, talk to a tax professional or the Canada Revenue Agency (CRA).
Parkeas charges guests HST at checkout. For bookings in Kitchener, Waterloo and Cambridge, that's 13% Ontario HST on the booking price and the guest's service fee. It's shown on the guest's receipt.
The HST is not part of your earnings and isn't included in your payouts. Your Tax Documents page lists it as HST (remitted by Parkeas).
Whether you need to register for HST yourself depends on your own circumstances. Ask a tax professional or the CRA.
You're responsible for working out your own tax obligations and reporting your Parkeas earnings where the law requires it.
Canada's reporting rules for digital platforms may require Parkeas to collect information from hosts and report host earnings to the CRA each year. This can include your:
If you're asked, you need to provide it. If you don't after being reminded, Parkeas may suspend your listings or payouts as those rules require or allow. The Privacy Policy explains how this information is handled.
Stripe may also ask for tax or identity details when you connect your bank account.
Bookings are counted in the year the stay ended, using Ontario time.
