Federal Credits
Federal tax credits are available for all Safe @ Home Products. The Home Accessibility Tax Credit (HATC) is a non-refundable tax credit of 15% of the amount spent to up to $20,000 per year for seniors over the age of 65. For more details CLICK HERE.
These credits are easy to claim on your federal tax return and require no special forms, just your purchase receipts. For current year details see below.
Provincial Credits
Provincial Tax Credits are available on all our products for Ontario seniors aged 70+ with a doctors note. The Ontario Seniors Home Care Tax Credit is a fully refundable credit that refunds 25% of eligible purchases up to $6,000 per year for seniors with household incomes of $0 to $35,000. The tax credit is incrementally reduced to zero for household incomes between $35,000 and $65,000. For more details, CLICK HERE.
2023 Tax Return Details
The Federal Home Accessibility Tax Credit is a non-refundable tax credit worth 15% of the amount spent. This credit is available to seniors who paid federal income tax in 2023. All Safe @ Home products and services qualify for this credit as long as someone over the age of 65 lives in the home.
To claim the federal tax credit, complete section 31285 for home accessibility expenses on the Worksheet for the return and report the amount from line 4 on line 31285 of your tax return.
The Ontario Seniors Care at Home Tax Credit is a fully refundable tax credit worth 25% of the amount spent. All Safe @ Home products and services qualify for this credit.
To claim the provincial credit, enter the total of your eligible expenses on line 58689 on form ON428. Then transfer the total from line 58769 to line 2 on form ON479.
Tax returns involving medical expenses and deductions can be complicated. To ensure you maximize your tax savings, we recommend consulting an experienced tax professsional.