Tax Credit for Home Renovations
Extra money from the Government for your renovation. Let’s get started…
The federal government has announced that part of its 2009 Economic Action Plan includes a tax credit for home renovations. Any Canadian who spends money on home renovations before February 1, 2010 will be eligible to receive up to $1,350 in tax relief thanks to the new Home Renovation Tax Credit. More details will emerge once the budget is passed – in the meantime, here is the information we have regarding the proposal on the government website:
http://pm.gc.ca/eng/media.asp?id=2403
The federal government has announced that part of its 2009 Economic Action Plan includes a tax credit for home renovations. Any Canadian who spends money on home renovations before February 1, 2010 will be eligible to receive up to $1,350 in tax relief thanks to the new Home Renovation Tax Credit. More details will emerge once the budget is passed – in the meantime, here is the information we have regarding the proposal on the government website:
http://pm.gc.ca/eng/media.asp?id=2403