Aging In Place is a website dedicated to helping seniors live gracefully in their own homes. This site is full of great advice and tips for the entire family.
Seniors’ Home Safety Tax Credit
The Seniors’ Home Safety Tax Credit is a temporary, refundable personal income tax credit that can help you make your home safer and more accessible, helping you stay in your home longer.
The credit is available for the 2021 and 2022 tax years and is worth 25% of up to $10,000 in eligible expenses per year for a senior’s principal residence in Ontario.
Expenses must be paid or payable in 2021 and 2022. The maximum credit is $2,500 per year.
Aging In Place
Helpful Resources for Families
According to recent data gathered by the National Association of Home Builders (NAHB), the two most frequent aging-in-place modifications include adding grab bars and installing higher toilets. The majority of aging-in-place remodels are for those aged 55 and older.
Unfortunately, slips, trips, and falls are a part of life. However, preventative measure can be put in place to reduce the chances of accidents occurring.
Those Grab Bar Guys are committed to improving safety and accessibility in your home. We are always on the look out for new and innovative ways to improve your comfort and peace of mind. We are happy to provide attractive, safe solutions in your home, and it is less expensive than you may think.
The following are some resources you and your family will find helpful. You may also qualify for a provincial tax credit.
Have a look:
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