Home Renovation Tax Credit

Some of you have heard about this credit, and since there is only a limited amount of time to take advantage, I thought I would help remind people, so that they may take advantage.

The biggest question I face on this is what qualifies?

Here is the Canada Revenue Agency's words:

"To be eligible, expenditures incurred in relation to a renovation or alteration to an eligible dwelling (or the land that forms part of the eligible dwelling) must be of an enduring nature and integral to the dwelling, and includes the cost of labour and professional services, building materials, fixtures, rentals, and permits.
Eligible expenditures must be supported by acceptable documentation."

For more information, please visit the CRA website found here.