Reno tax-credit deadline looms
Filed Under Main Content · Tagged: Boon, Cabinet Knobs, Co Owner, Emslie, Federal Tax, Home Renovation, Improvements, Reno, Renovations, Specialty Hardware, Tax Credit, Times Colonist, Victoria
Times Colonist- Homeowners have only a few weeks left to pay for improvements to qualify for the federal home-renovation tax credit, which expires Feb. 1.
One customer popped into Victoria Specialty Hardware on Oak Bay Avenue to pre-pay for $300 worth of cabinet knobs to put toward his tax credit, store co-owner Sue Emslie said.
"We’ve seen a lot of renovation — of people coming in and updating their rooms that they perhaps wouldn’t have done. But because they can use it toward the tax credit, they are now going ahead and making the renovations."
The 15 per cent tax credit has been a boon for the industry, Emslie said, adding "it probably helped us in our sales over the year…”
Reno tax-credit deadline looms
Top-10 year-end tax tips
Filed Under Main Content · Tagged: Expenditures, Home Renovation, Hrtc, Ottawa Citizen, Property Tax, Tax Credit, Vacation Property, Year End Tax Tips
Ottawa Citizen- The deadline is fast approaching to qualify for the home renovation tax credit (HRTC). The HRTC is a 15% tax credit for eligible renovation expenditures made to your home or vacation property…
Home renovation tax credits and condo owners
Filed Under Main Content · Tagged: Canada Revenue Agency, Condo Owners, Credit Canada, Home Renovation, Tax Canada, Tax Credit, Tax Credits, Three Months
Financial Post- With just under three months left for the Home Renovation Tax Credit, the Canada Revenue Agency has released specific details on how condo dwellers may take advantage of the credit…
Home renovation tax credits and condo owners
Top 10 tax tips for the April 30 deadline and beyond
Filed Under Main Content · Tagged: April 30, Home Renovation, Ottawa Citizen, Renovating Your Home, Renovations, Tax Credit
Ottawa Citizen, Ottawa, Ont – Consider renovating your home. For renovations before Feb. 1, 2010, you will be able to claim a 15% non-refundable temporary tax credit, known as the Home Renovation Tax Credit. The credit applies to any expenditure above $1,000, up to $10,000. The value of this new federal credit is equal to a maximum of $1,350…
