<<< back to article list

Home renovation tax credit:


Blog by | January 29th, 2009


Homeowners can claim a non-refundable 15% tax credit on eligible home renovation costs incurred and paid after January 27, 2009, and before February 1, 2010, under agreements entered into after January 27, 2009. The tax credit is available on expenses exceeding $1,000, but a maximum of $10,000 of expenses qualify per family unit, so that the maximum credit will be $1,350 (i.e., $9,000 x 15%).

For more information, please contact:

Alexandra Rebagliati

Associate Broker

Tel: 250.870.2792

Alexandra@theOREC.com

 www.theOREC.com

www.OkanaganRealEstateCompany.com