Home accessibility tax credit (HATC)
The Home Accessibility tax credit (HATC) applies to qualifying expenses up to $10,000 per year, resulting in a maximum non-refundable tax credit of $1,500 ($10,000 x 15%).
Qualifying expenses are incurred for work performed or goods acquired in respect of a qualifying renovation of an eligible dwelling of a qualifying individual. A qualifying individual and eligible individuals can claim the HATC.
A qualifying individual is an individual who is eligible to claim the disability tax credit at any time in a tax year, or an individual who is sixty-five years of age or older at the end of a tax year.
An eligible individual includes a spouse, common-law partner, and certain supporting relatives of a qualifying individual.
A qualifying renovation is a renovation or alteration that is of an enduring nature and is integral to the eligible dwelling. The renovation must:
- allow the qualifying individual to gain access to, or to be mobile or functional within, the eligible dwelling; or
- reduce the risk of harm to the qualifying individual within the eligible dwelling or in gaining access to the dwelling.
An eligible dwelling is a housing unit located in Canada. It must be the principal residence of the qualifying individual at any time in the tax year