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Home Accessibility Tax Credit, part 2in Tax Advice Information and Updates
Here are a few more details on the Home Accessibility Tax Credit or HATC.
What renovations or expenses are eligible for the HATC?
A qualifying renovation for the 2016 and subsequent tax years is a renovation or alteration that is of an enduring nature and is integral to the eligible dwelling. This includes the land that forms part of the eligible dwelling.
The renovation must:
- allow the qualifying individual to gain access to or to be mobile and functional within the dwelling,
- reduce the risk of harm to the qualifying individual within the dwelling or in gaining access to the dwelling.
It is important to note that if an item purchased will not become a permanent part the dwelling, then it is not eligible.
Work performed by yourself, family members and others
The value of your own labour or tools cannot be claimed as an eligible expense. Only expenses for building materials, fixtures, equipment rental, building plans and permits are eligible.
Please note that expenses incurred from the goods and services provided by a person related to you are not eligible unless the person is registered for goods and services tax / harmonized sales tax.
If the work is performed by electricians, plumbers, carpenters, architects and the like, the expenses incurred are eligible for the HATC.
You will need supporting documents if you claim expenses for the HATC. Supporting documents such as agreements, invoices and receipts must clearly identify the type and quantity of goods purchased or services provided.