Tag Archives: home renovation tax credit
Posted on 23. Nov, 2009 by Phil Hogan, CA.
Tweet On January 27th, 2009 Jim Flaherty, Federal Finance Minister announced the introduction of the Home Renovation Tax Credit. The non-refundable tax credit is calculated at 15% of eligible expenses over $1,000 to a maximum of $10,000. The maximum Home Renovation Tax Credit one could receive would be $1,350 e.g. $9,000 x 15%. Only expenses [...]