Ontario Healthy Homes Renovation Tax Credit
The Ontario Government has a yearly Healthy Homes Renovation Tax Credit program up to $1500.00 back to provide healthy accommodation for seniors. As a senior 65 years or older in Ontario, you could qualify for a tax credit to help with the cost of making your home safer and more accessible. For more information about the Healthy Homes Renovation Tax Credit, call:
1-866-ONT-TAXS or 1-866-ONT-TAXS (668-8297)
1-800-263-7776 or 1-800-263-7776 for teletypewriter
OR for Ontario, healthy homes renovation tax credit click the link: Tax Credit Calculator
About Healthy Homes Renovation Tax Credit
The Healthy Homes Renovation Tax Credit is a permanent, refundable personal income tax credit for seniors and family members who live with them. If you qualify, you can claim up to $10,000 worth of eligible home improvements on your tax return. The amount of money you get back for these expenses is calculated as 15 percent of the eligible expenses you claim. For example, if you spend and then claim $10,000 worth of eligible expenses, you could get $1,500 back.
The Healthy Homes Renovation Tax Credit can help with the costs of improving safety and accessibility in your home. Explore the interactive house below for examples of changes you could make.
Do I qualify Healthy Homes Renovation Tax Credit?
To qualify for the credit, you need to be:
· 65 years old or older by the end of the year for which you are claiming the credit; or
· Living with a family member who is a senior
Your income doesn’t matter — seniors and their family members at all income levels are eligible
If you are living with a senior relative in your home, you could qualify for a total tax credit of up to $1,500 every year, regardless of income.
You can claim up to $10,000 worth of eligible expenses per year.
Save your receipts for any modifications you make. You will not have to submit them with your tax return. But you will have to keep them in case the Canada Revenue Agency asks you to verify your expenses.
Eligible renovation expenses
Not all renovation work qualifies for this tax credit. Before you start any improvements, check to see that the work qualifies so you can claim the expense.
What expenses qualify for the Healthy Homes Tax Credit?
Not all renovation work qualifies for this tax credit. Before you start any improvements, check to see that the work qualifies so you can claim the expense
Some examples of eligible expenses include:
· Grab bars and related reinforcements around the toilet, tub, and Shower
· Handrails in corridors
· Wheelchair ramps, stair/wheelchair lifts, and elevator
· Walk-in bathtubs
· Wheel-in showers
· Comfort height toilets
· Widening passage doors
· Lowering existing counters/cupboards
· Installing adjustable counters/cupboards
· Light switches and electrical outlets placed inaccessible locations
· Door locks that are easy to operate
· Lever handles on doors and taps, instead of knobs
· Pull out shelves under counter to enable work from a seated position
· non-slip flooring in the bathroom
· A handheld shower on an adjustable rod or high-low mounting brackets
· Additional light fixtures throughout the home and exterior entrances
· Swing clear hinges on doors to widen doorways
· Creation of knee space under the basin to enable use from a seated position
(insulation of any hot-water pipes)
· Relocation of tap to the front or side for easier access
· Certain renovations to permit a first-floor occupancy or secondary suite for a senior
· Hands-free taps
· Motion-activated lighting
· Touch-and-release drawers and cupboards
· Automatic garage door openers
What expenses do not qualify for the Healthy Homes Renovation Tax Credit?
Expenses are ineligible if their primary purpose is to increase the value of the home or if they are for annual, recurring or routine repair maintenance or service.
Examples of ineligible expenses include:
· General maintenance – such as plumbing or electrical repairs
· Repairs to a roof
· Aesthetic enhancements such as landscaping or redecorating
· Installing new windows
· Installing heating or air conditioning systems
· Replacing insulation
Devices are not eligible. These include:
· Equipment for home medical monitoring
· Equipment for home security (anti-burglary)
· Vehicles adapted for people with mobility limitations
· Household appliances
· Fire extinguishers, smoke alarms, carbon monoxide detectors
Services are not eligible. These include:
· Security or medical monitoring services
· Home care services
· Housekeeping services
· Outdoor maintenance and gardening services
For more information about Ontario healthy homes renovation tax credit please follow the below link: Healthy homes renovation tax credit
To find out if you are eligible for the GST/HST new housing rebate visit the link: GST/HST new housing rebate