Healthy Homes Renovation Tax Credit

2012-10-31 | 11:04:51

On October 3, the Ontario Legislature passed the law that will assist seniors in making their homes more accessible.

Bill 2, Healthy Homes Renovation Tax Credit Act, 2012, will create a permanent, refundable personal income tax credit to assist seniors with the cost of permanent home modifications that improve accessibility.

Eligible expenses include renovations to permit a first-floor occupancy or secondary suites for seniors, grab bars, handrails, wheelchair ramps, installation of walk-in bathtubs and showers, lowering counters and light switches, etc.

To view all eligible expenses and learn how to claim the credit, visit the Ontario government website. www.fin.gov.on.ca and search Healthy Homes Renovation Tax Credit.

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Claudette