New for 2016 – Home Accessibility Tax Credit (HATC)

Starting in 2016, federal tax relief of 15% is available on up to $10,000 of eligible renovations to a qualified dwelling each year to enhance mobility or reduce risk of harm for qualifying individuals (seniors 65 years and up, or persons eligible for the Disability Tax Credit).

The tax credit is non-refundable, so it can only reduce any tax you may owe.

For more information, see CRA’s HATC information page: http://www.cra-arc.gc.ca/gncy/bdgt/2015/qa04-eng.html