Everything From The Front Door To The Back Door!

Living room

Learn about Tax Credits and How to Choose a Renovator in Port Perry

Healthy Homes Renovation Tax Credit

As a senior 65 years or older in Ontario, you could qualify for a tax credit to help with the cost of making your home safer and more accessible.

About the Credit

The Healthy Homes Renovation Tax Credit is a permanent, refundable personal income tax credit for seniors and family members who live with them. If you qualify, you can claim up to $10,000 in eligible home improvements on your tax return. The amount of money you get back for these expenses is calculated as 15% of the eligible expenses you claim. For example, if you spend and then claim $10,000 in eligible expenses, you could get $1,500 back.

For more information, visit Healthy Homes Renovation Tax Credit.

Choosing a Renovation Company

First and foremost, you’ll want to choose a company that has a good reputation and makes you feel comfortable. Be sure to find out as much as you can by asking a lot of questions such as:

  • How long have you been in business?

  • Can you provide references?

  • What work are you, or your subcontractors, licensed to do (e.g., electrical, plumbing)?

  • What kind of work do you specialize in?

  • Have you done a similar job before?

  • How would you handle a specific problem related to this project (e.g., installing kitchen cabinets on your sloping floor)?

  • What work schedule will you follow?

  • What kind of warranty do you offer and what does it cover?

  • Do you carry workers’ compensation and liability insurance?

  • Will you provide a written contract?

  • Will you take out all required permits (e.g., building, plumbing, electrical)?

See why it’s a good idea to hire a contractor with workers’ compensation and liability insurance.

Copyright MDS Home Renovations 2018 - Legal
Created by

Legal notice