Quebec Home Improvement And Renovation Tax Credit (HRTC)

If you meet certain eligibility requirements, you may bemust: * Own an eligible residential unit located in
entitled to a refundable tax credit for the 2009 taxationQuébec * Have the qualifying work for
year for expenses incurred under a residentialimprovement or renovation carried out at your principal
renovation agreement entered into in 2009 for homeplace of residence * A qualified contractor must be
improvements or renovations. The tax credit is equalhired to carry out the work under the terms of an
to 20% of the eligible expenses in excess of $7,500.agreement entered into after December 31, 2008 and
The maximum amount of eligible expenses is $20,000before January 1, 2010. * The expenses incurred to
for a maximum credit of $2,500. Calculator To obtaincarry out the work must be paid no later than June 30,
an estimate of the tax credit for home improvement2010. Eligible residential units An eligible residential unit is
and renovation that you could be entitled to for thea residence built before 2009. The individual who incurs
2009 taxation year, use the calculator available on thethe home improvement or renovation expenses must
website of the Ministère des finances. Eligibilitybe the owner (or co-owner) at the time the expenses
requirements To be eligible for the refundable taxare incurred.
credit for home improvement and renovation, you