Archive for the ‘Home Buyers/Owners - Tax Credits’ Category

Home Buyers/Owners – Tax Credits

Monday, August 17th, 2009

First-Time Home Buyers’ Tax Credit (HBTC)

For all you first-time home buyers’ – don’t forget to take advantage of available tax credits for 2009 and subsequent years – the budget proposes to introduce a new non-refundable tax credit of $750 for certain home buyers closing after January 27, 2009 – see attached link for further details!

http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhbtc-eng.html

Home Renovation Tax Credit (HRTC)

For all you home owners in the midst of or planning some home renovations – don’t forget to take advantage of available tax credits for work performed or goods acquired after January 27, 2009 and before February 1, 2010 providing up to $1,350 in tax relief – see attached link for further details!

http://www.cra-arc.gc.ca/hrtc/