Where can I find information on funding or tax credits available to seniors?

Question

S

SusanF86 Asked October 2018

Where can I find information on funding or tax credits available to seniors?

Looking for any info on government funding or tax credits available to seniors and/or senior caregivers in Ontario. Specifically, is there funding or a tax credit available to a senior who needs to do a minor renovation to accommodate a live in caregiver to help care for their spouse with dementia? I have found info on the "Healthy Homes Renovation Tax Credit," but it's specifically for someone renovating to accommodate the senior themselves...thank you!!

Home Modification Taxes

3 Answers

Most
Helpful Newest
First Oldest
First

Recent Questions

Related Questions

score 1 · Answer 1

Have you called CRA and or your local Seniors group? What about a local tax accountant? I know accountants can be expensive, but they are far less expensive than a costly mistake.

Also tax credits are not the same as deductions, people often confuse the two.

I believe CRA allows a credit for a reno to make the home accessible, perhaps in doing so an extra wheelchair accessible bedroom could be added? There are companies who specialize in accessibility renovations. They would have a better idea of what may be covered.

Helpful Answer (1)

Thank you, I will look into that. I appreciate your response :)

(0)

score 0 · Answer 2

Hopefully one of our Canadians will chime in. In the US, this would be at the cost to the family. Then, there's alot involved with having an aid 24/7. You cannot ask one person to work 24/7.

Helpful Answer (0)

Yes, I forgot to mention that we're in Ontario.

Live in caregivers are quite common around here....usually they come and live with the family to help care for the individual, and in return they get a decent monthly wage as well as living expense and food covered. They would have scheduled time off and be able to take vacations, etc.

(0)