Seniors Tax Credit Renewed for 2022 (Ontario, Canada only)
Great News! The Seniors’ Home Safety Tax Credit is renewed for 2022. This temporary, refundable personal income tax credit covers any expenses (which includes a personal elevator) that help make one’s home safer and more accessible.
The credit is worth 25% of up to $10,000 in eligible expenses per year for a senior’s principal residence in Ontario to a maximum of $2,500.
To take advantage of this tax credit or forward to a friend, family member or customer, click HERE.