Understanding Funding Options for Mobility Devices & Barrier-Free Home Renovations
The province of Ontario introduced the Healthy Homes Renovation Tax Credit (HHRTC) in 2012. The tax credit is meant to assist seniors convert their homes with barrier-free modifications. With its 2016 Budget, Ontario proposes to end the HHRTC as of January 1, 2017. This means time is running out to take advantage of the refund, so there is no better time to plan a home mobility renovation.
Understanding the Tax Credit
The HHRTC is a permanent, refundable income tax credit for...