Renovation tax credit helps B.C. seniors stay in their own homes

VICTORIA - As of this Sunday, April 1, a new B.C. Seniors' Home Renovation Tax Credit will be available to help with the cost of permanent home renovations so that British Columbians aged 65 and over will have the flexibility to remain in their own homes longer.

"Home is where the heart is. We know that seniors, like everyone else, are happiest in their homes," Premier Christy Clark said. "That's why our government introduced the Seniors' Home Renovation Tax Credit, to help seniors stay independent, healthy and in their homes."

The refundable credit will be worth up to $1,000 each year, and it will be available to seniors or family members sharing their home, regardless of whether they own or rent.

"In addition to improving the quality of life for seniors in home care, this initiative will make it easier for many home care providers to do their job," said BC Care Providers ...