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New Member
posted Apr 23, 2022 10:45:30 AM

The Ontario Seniors’ Home Safety Tax Credit

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Level 5
Apr 23, 2022 11:41:31 PM

The Seniors’ Home Safety Tax Credit is a temporary, refundable personal income tax credit that can help you make your home safer and more accessible, helping you stay in your home longer.

The credit is available for the 2021 and 2022 tax years and is worth 25% of up to $10,000 in eligible expenses per year for a senior’s principal residence in Ontario.

Expenses must be paid or payable in 2021 and 2022. The maximum credit is $2,500 per year.

 

Who is eligible

You are eligible to claim the credit if you:

  • are 65 or older by the end of the year, or
  • live with a senior relative, or
  • will live with a senior relative within 24 months after the end of the year.

For more information, please see the Goverment of Ontario, link as Seniors’ Home Safety Tax Credit

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