Home Renovation Tax Credit (HRTC)

On January 27th the Federal Government released its fiscal 2009-2010 budget.

HRTC

The HRTC will provide a 15% income tax credit on eligible home renovation projects for work performed and/or goods acquired after January 27, 2009 and before February 01, 2010.
For further information, please visit the Government of Canada
The 15% credit may be claimed for the 2009 taxation year on eligible expenditures: exceeding $1000, but not more than $10,000.
This equates to tax relief up to $1350 for home owners, including cottages & condominiums that are used for personal purpose.
The HRTC can be claimed on renovations to dwelling and/or property (with some exceptions, e.g. routine cleaning/maintenance, purchases of furniture/appliance).
Products, materials, permits, trade services, and associated direct expenses will qualify for the credit.


HOME PAGE


Decks
Garages
Renovations
Light Commercial



RESOURCES

for
Home Owners




National Home Warranty




Home Protection Office




Home Builder Canada

Programs



ecoEnergy Retrofit & HRTC

Federal grants paid through the ecoEnergy program will not reduce the value of a HRTC claim.
The ecoEnergy Retrofit program provides owners with grants up to $5000 for efficiency improvements.

For further information on the ecoEnergy Retrofit program please visit ecoaction.gov.ca




We have listed a few websites that can help you with your projects.



Thank you for visiting us. If we can assist you with your projects feel free to send us an email, we will answer your questions promptly.




buildinghomes@alhubli.ca

Ph:250.417.0987 Fx:250.417.0988 Cell:250.421.1584

ABOUT US


Siding
Framing
Foundations
New Residential