B.C. Home Renovation Tax Credit for Seniors and Persons with Disabilities

B.C. Home Renovation Tax Credit for Seniors and Persons with Disabilities

The Home Renovation Tax Credit for Seniors and Persons with Disabilities assists eligible individuals 65 and over and persons with disabilities with the cost of certain permanent home renovations to improve accessibility or be more functional or mobile at home.

The maximum amount of the credit is $1,000 per tax year and is calculated as 10% of the qualifying renovation expense (maximum $10,000 in expenses).

 

You may have an expense that qualify for the home renovation / accessibility tax credits above, but that also qualify as a medical expense.  If so, you can claim the expense as a medical, home accessibility, and home renovation expense resulting in a triple dip.