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SK Home Renovation Tax CreditIncome Tax Act, 2000 s. 19.11Saskatchewan's Bill 1, The Income Tax (Strong Recovery Home Renovation Tax Credit) Amendment Act, 2020, which received Royal Assent on Dec 10, 2020, created a Home Renovation Tax Credit. The non-refundable home renovation tax credit can be claimed on the 2021 and 2022 personal income tax returns, for eligible expenses in excess of a $1,000 base amount each year. On 2021 tax return:
On 2022 tax return
For more information including details on eligibility, documentation, eligible and non-eligible expenses see the Government of Saskatchewan Home Renovation Tax Credit. Revised: October 24, 2021
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