New Government Funding for Home Accessibility

Home AccessibilityThe government is proposing a new, non-refundable home accessibility tax credit for seniors and persons with disabilities that will provide tax relief of 15 per cent, up to $10,000 of eligible expenditures per calendar year, per individual, to a maximum of $10,000 per dwelling. The credit could be used on costs incurred to renovate or alter a home in order to provide better access to or inside the dwelling. Items could include vertical platform lifts ,wheelchair ramps, stairlifts (or stair chair lifts) as well as exterior porch lifts. The program would also cover home elevators if they are installed due to an accessibility need.
                                                              
The information is listed on page 245 of the budget

 

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