Renovation tax credit to end, Flaherty confirms
Filed Under Main Content · Tagged: Canadian Finance Minister Jim Flaherty, Finance Minister Jim Flaherty, Home Renovation, Tax Credit
Financial Post- Canadian Finance Minister Jim Flaherty said he has no plans to extend a $3-billion home renovation tax credit that expires at the end of this month…
Renovation tax credit to end, Flaherty confirms
Does my reno qualify for a tax credit?
Filed Under Main Content · Tagged: Cibc, Estate Planning, Estate Tax, Federal Government, Globe And Mail, Golombek, Home Renovation, Managing Director, Private Wealth Management, Reno, Tax Credit, Tax Planning
The Globe and Mail- With the Jan. 31 deadline just around the corner, anyone who still wants to take advantage of the federal government’s popular home renovation tax credit had better hurry.
“The most important thing for people to know is that they still have 10 days to buy and take delivery of materials that they are thinking of using for renovations,” Jamie Golombek, managing director of estate and tax planning with CIBC Private Wealth Management, said in an interview Wednesday…
Does my reno qualify for a tax credit? – The Globe and Mail
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…
