If you’ve bought a home no Canadá que precisa de algum trabalho, or if you’re considering purchasing a fixer-upper, you should know about Canada’s new Início Crédito Tributário Renovação (HRTC).

Renovar a sua cozinha? Putting in new carpet? Replacing your furnace? Você pode reivindicar a 15 percent HRTC for these projects or other similar work done on your primary residence entre Janeiro 27, 2009, and February 1, 2010.

The credit applies to expenditures over $1,000 mas não mais do que $10,000. Isso significa que the maximum credit is $1,350 ($9,000 x 15%). It won’t amount to much if you’re putting in a flashy gourmet kitchen, but it certainly won’t hurt either.

Claro, você precisa apresentar uma declaração de imposto de renda no Canadá a fim de reivindicar este crédito fiscal. Reivindicar o HRTC on your 2009 tax return.

More information about the tax credit program is available from the Canada Revenue Agency.

Fotografia © Carolyn B. Heller