The Saskatchewan government has announced a renovation tax credit which includes radon mitigation. This is ground breaking announcement as the first tax credit in Canada which covers radon mitigation.
You can find details about the tax credit on the Saskatchewan Lung Association’s webpage here:
The tax credit is a credit which is developed for general home renovations, but the Saskatchewan Lung Association has received clarification from the Minister of Finance stating, “A radon mitigation system would meet the Home Renovation Tax Credit (HRTC) requirements of being of an enduring nature and integral to the dwelling, and would consequently meet the eligible expenditure criteria. Renovations must be to the principal residence of the applicant. The attached info bulletin also identifies a broad list of eligible expenditures of the HRTC.”
Question: Can we add radon mitigation to their list of eligible expenses on the website?
Answer: Attempting to individually identify an exhaustive list of eligible expenditures is not possible. Therefore, even if the item is not under the eligible expenses, it could still be acceptable under the program criteria.
Renovation expenses must be incurred between October 1, 2020 and December 31, 2022. Please note, this tax credit will be administered by the Canada Revenue Agency (CRA) as part of the Saskatchewan personal income tax system. CRA will develop the necessary forms and filing instructions in the coming months.
You can find the link here to the Info Bulletin – Home Renovation Tax Credit.