Real estate blog entries tagged with tax credit by Kathryn Rasmussens (Royal LePage All Real Estate Services Ltd., Brokerage)

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Home : Blogs : Kathryn Rasmussens : Collingwood, Blue Mountain, Ontario Community & Real Estate : Tag "tax credit"

tax credit: Canadian Tax Credit Helps Homeowners Renovate - 02/15/09 03:40 PM

The recent federal budget outlined a new tax credit that will provide assisstance for homeowners to renovate their homes. From January 28, 2009 to Februaury 10, 2010, Canadian homeowners can claim a 15%, non-refundable tax credit for eligible expentures after a $1,000,00. minium to an expenditure of $10,000 for a maximum credit of $1,350 ($9000 x 15%). This is in addition to the EcoEnergy retrofit program. Taxpayers can claim the HRTC when filing their 2009 tax return. Example:A couple replace all windows in the house and spend $10,000.00 in 2009. After taking into account the $1,000 minimum threshold, a 15-per-cent credit will be available on … (0 comments)

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Kathryn Rasmussens

Collingwood, ON

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Royal LePage All Real Estate Services Ltd., Brokerage

Address: 330 First Street, Collingwood, ON, L9Y 1B4

Office Phone: (705) 445-5520 x 802

Cell Phone: (705) 606-0783

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