Ontario Healthy Homes Renovation Tax Credit

house-buying

Summary

The Healthy Homes Renovation Tax Credit is a permanent personal income tax refund for seniors and the family members who live with them.

Those who qualify can claim up to $10,000 worth of home modifications on their tax returns and receive back 15 per cent of eligible expenses. A household that spends $10,000 on eligible home renovations potentially can get back $1,500. The tax credit has a $10,000 maximum per couple.

Details

Qualified applicants must be 65 years or older by the end of the year for which he/she is claiming the credit. Family members can qualify as well, if they modify their home to accommodate a live-in relative who is 65 or older and can claim eligible expenses on their personal income tax return. Seniors and their family members at all income levels are eligible.

Eligible renovations include walk-in bathtubs; wheel-in showers; widening passage doors; lowering existing counters/cupboards; grab bars around a toilet, tub and shower; handrails in corridors; wheelchair ramps; stair/ wheelchair lifts and elevators; and non- slip flooring in the bathroom.

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