ALL >> Family >> View Article
Lethbridge Home Renovation Tax Credit-00-3911
![Profile Picture](https://www.123articleonline.com/images/avatar-default.jpg)
Lethbridge home renovation tax credit, take advantage of it to improve your real estate.
A new poll suggests more than one in three Canadians plan to take advantage of the federal government's home-renovation tax credit.
More than eight in 10 questioned in the Harris-Decima/Canadian Press survey said they were aware of the program, under which eligible applicants can receive a tax rebate of as much as $1,350 if they invest up to $10,000 in renovations on their home.
"Unlike many new tax policies, which only get noticed by accountants and actuaries, the government of Canada has successfully communicated the introduction of the home-renovation tax credit to Canadians," said Harris-Decima's senior vice-president, Jeff Walker.
"This program appears to be helping stimulate the economy as well."
Nationally, 82 per cent of respondents were aware of the home-renovation tax credit, while 17 per cent said they were unaware. Those under age 35 and those with annual incomes below $60,000 were least likely to know of the tax credit.
Overall, 35 per cent of respondents said they planned on taking ...
... advantage of the program, while 60 per cent said they would not.
The ratio of those who planned to take advantage of the program increased with income.
More than half of those earning more than $100,000 a year (51 per cent) responded positively, compared with 41 per cent of those making between $60,000 and $100,000 and just 27 per cent of those earning less than $60,000.
Respondents west of Ontario were the most likely to be taking advantage of it.
Some 1,000 Canadians were surveyed June 18-21, with a margin of error of plus or minus 3.1 percentage points, 19 times in 20.
About the Author:
Robert May is a Realtor, as well as the broker and owner of Rainbow Realty of Lethbridge Alberta . He is also a licensed Lethbridge mortgage broker and financing expert with Canada First Mortgage of Calgary Alberta. He has been in the Lethbridge real estate industry since 1993 and offers full Lethbridge MLS real estate services to Lethbridge and surrounding area, as well as Lethbridge mortgage financing, mortgage refinancing , and preapprovals. Check the following link: lethbridge
Add Comment
Family Articles
1. Why U-shaped Modular Kitchens Are Perfect For Modern Homes?Author: Nobilia Kitchen
2. Renovate Your Bathroom With More Luxurious
Author: Monika
3. How To Make First Rakhi Special?
Author: Chandan Kumar
4. Parenting In The Digital Age
Author: Im Perfect by Urveez
5. Carpet Cleaning For Commercial Spaces: What You Need To Know
Author: kinyyy
6. Discovering Goa’s Top 3 Wedding Venues: A Heartfelt Journey
Author: Sajjan Gill
7. Happy Father's Day! Best Quotes For Fathers Day 2024
Author: Godsyou
8. Why Spiritual Love Is Important In Relationships
Author: GodsyouG
9. Mom Tested, Baby Approved: The Must-have Baby Hair Growth Tips
Author: Baby care bundle
10. Best Strollers For 2024: Best-rated And Popular Brands
Author: Peter
11. The Beauty Of Hindu Wedding Rituals And Customs
Author: Akshay
12. 8 Awesome Kids Birthday Party Places In Toronto
Author: Groovy Gym Bus Toronto
13. Compatibility Analysis For Manglik Individuals: Finding The Right Partner
Author: Divya Astro Ashram
14. Unleash The Potential : 5 Best Insider Tips For Growing Kids
Author: Archi Lawson
15. Unlocking The Potential Of Set-top Boxes: A Comprehensive Guide
Author: sham bhau