Ontarians can make their homes safer and more accessible with the help of this tax credit in 2022. Announced in 2021, the Ontario Government has introduced a new tax credit to help seniors make their homes safer and more accessible so they can remain in their own homes longer. Eligibility This tax credit will help support: Ontario seniors who are 65 by the end of 2021 & 2022People who live with senior relatives in Ontario Eligible expenses must be paid or be payable in 2021 & 2022 for items such as: Grab bars & related reinforcements for the toilet, bathtub & showerWheelchair rampsStairliftsRenovations to permit first-floor occupancy or a secondary suite for a senior What you’ll get The Seniors’ Home Safety Tax Credit is worth 25% of up to $10,000 in eligible expenses for a senior’s principal residence in Ontario. The maximum credit is $2,500. Example: A senior couple invests $10,000 to add a stairlift to their home. To divide the benefit between them, one will claim $7,500 on their 2021 personal income tax return and receive a credit of $1,875 and the other will claim the remaining $2,500 of the stairlift cost and receive a credit of $625. For more information about this program contact us today Get to know the writer Motion, Make life accessible Motion is Canada’s leading provider of mobility & home accessibility solutions for a wide variety of clients from children to elderly adults. Products include wheelchairs, walkers, scooters, stairlifts, ceiling lifts, & beds.
View Motion, Make life accessible Safe at Home: Home accessibility products & solutions Helping seniors stay independent, mobile and safe in their own homes longer. Learn more View Motion, Make life accessible Our COVID-19 Response Plan We are taking all reasonable precautions to ensure the ongoing health and safety of our clients, partners and employees during the COVID-19 pandemic. Learn more View Motion, Make life accessible How our team is adapting to the pandemic Continuing our care with additional health and safety protocols to keep our clients, partners & employees safe. Learn more Previous Next