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Home Renovation and Home Accessibility Tax Credits

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Filing Your Return -> Home Renovation and Home Accessibility Tax Credits

Home Renovation and Home Accessibility Tax Credits - Federal and Provincial

Home renovation tax credits allow homeowners a tax credit for eligible renovation costs.  Some of these credits are non-refundable, so the tax credit can only be used to reduce taxes owing in the current taxation year.  When a tax credit is refundable, if the amount exceeds the tax otherwise payable in the year, a refund will be issued.

Federal Home Renovation Tax Credits

Federal Home Accessibility Tax Credit (HATC) for Seniors and Persons With Disabilities - Non-Refundable - available for 2016 and later taxation years

Federal Home Renovation Tax Credit (HRTC) - no longer available, was only available for the 2009 taxation year

Provincial Home Renovation Tax Credits

The following articles discuss the provincial home renovation tax credits:

BC Home Renovation Tax Credit for Seniors and Persons With Disabilities - Refundable

New Brunswick Seniors' Home Renovation Tax Credit - Refundable

Ontario Healthy Homes Renovation Tax Credit for Seniors - Refundable

Quebec Refundable Tax Credit for Eco-Friendly Home Renovation (EcoRenov) - was available for 2013 & 2014 taxation years

See also:  First Time Homebuyers' Tax Credits

Documentation for Home Renovation and Home Accessibility Tax Credits

Make sure you have the documentation you need to support your HRTC claim.  The type and quantity of goods purchased or services provided must be clearly identified on any agreements, invoices and receipts.  Required information includes, but is not limited to:

bullet information that clearly identifies the vendor/contractor, including the business address, and if applicable, the GST/HST registration number;
bullet the date the goods or services were purchased or provided;
bullet a description of the work performed including the address where the work was performed; and
bullet the amount paid.

See also - links to all information on TaxTips.ca related to persons with disabilities.

Revised: September 19, 2017

 

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