Put Your Tax Dollars Back Into Your Home-The Home Renovation Tax Credit

Put Your Tax Dollars Back Into Your Home
13 July 2009

Save up to $1,350 on home improvements purchased before February 1, 2010.
The Home Renovation Tax Credit applies to eligible expenses of more than $1,000, but not more than $10,000, resulting in a maximum non-refundable tax credit of $1,350 [($10,000 - $1000) x 15%].

The Home Renovation Tax Credit is subject to Parliamentary approval.
You can claim a non-refundable tax credit on your 2009 income tax return. This tax credit is based on eligible expenses incurred for work performed or goods acquired after January 27, 2009 and before February 1, 2010. Only agreements entered into after January 27, 2009 and related to a qualified dwelling are eligible.

Where can you get Home Renovation Tax Credit envelopes?
Home Renovation Tax Credit envelopes will be available by the beginning of September. [more...]

Can you claim the HRTC?
Eligibility, time limits, dwelling and eligible expenses [more...]

How to calculate your HRTC
Worksheet and examples of calculations [more...]

How to claim your HRTC
Acceptable supporting documentation, medical expense tax credit and other tax credits [more...]
For more information about the Home Renovation Tax Credit, please call 1-888-959-1-CRA or visit www.cra.gc.ca/hrtc

The Home Renovation Tax Credit is subject to Parliamentary approval.