Home Renovation Tax Credit for Seniors and Persons with Disabilities
Amount:
up to $1,000
Who is Eligible:
Seniors and Persons with Disabilities
Description:
The Home Renovation Tax Credit for Seniors and Persons with Disabilities assists eligible individuals 65 and over and persons with disabilities with the cost of certain permanent home renovations to improve accessibility or be more functional or mobile at home.
Steps to Get this Rebate:
1. You can claim the credit when you file your T1 income tax return. Complete the British Columbia Home Renovation Tax Credit for Seniors and Persons with Disabilities form (Schedule BC(S12)) and enter the amount you spent on eligible renovations beside box 6048 on the British Columbia Credits form (BC479).
2. You must retain documentation to support your claim, including receipts from suppliers and contractors. If work has been performed by a family member, receipts for labour and materials must have a GST/HST number.
3. If you receive an invoice at the end of the calendar year and pay it in the following calendar year, the credit is to be claimed for the taxation year based on when you received the invoice.
