The B.C. seniors home renovation tax credit assists individuals 65 and over with the cost of certain permanent home renovations to improve accessibility or help a senior be more functional or mobile at home.
You’re eligible to claim the credit for the year if on the last day of the tax year you’re:
a resident of B.C.
a senior or a family member living with a senior.
What Qualifies
The renovation or alteration must help a senior with an impairment by:
improving access to the home or land,
improving mobility and functions within the home or land, or
reducing the risk of harm within the home or land.
The main purpose of the renovation can't be to increase the value of the home or land.
Claiming the Credit
You can claim the credit when you file your personal income tax return for 2012 and future years.
For more information visit http://www2.gov.bc.ca/gov/topic.page?id=429E0E95383B459DAEAB4532C57BBE2D&title=BC%20Seniors%27%20Home%20Renovation%20Tax%20Credit