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Wednesday, 12 February 2014

First time home buyers tax credit

The fees associated with purchasing a first home can really add up. To help Canadians with these costs, our Conservative Government introduced the First Time Home Buyer's Tax Credit. The Credit allows Canadians to save up to $750 on qualifying home purchased after January.27.2009.
The First Time Home Buyers Tax Credit is also available to existing homeowners who are eligible for the Disability Tax Credit (DTC) who purchase a more accessible or functional home, or for the benefit of a DTC-eligible person who is related to the individual purchasing the home by blood, marriage, common-law partnership or adaption.
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