First Time Home Buyers

ATTENTION FIRST TIME HOME-BUYERS

$750 for 2016 first-time buyers.

Don’t leave money on the table if you bought your first home last year! You may be able to take advantage of the Home Buyers Tax Credit (HBTC) when you file your tax return. The $5,000 non-refundable HBTC provides up to $750 in federal tax relief. You qualify if neither you nor your spouse (or common-law partner) have owned and lived in another home for the past five years. For more information, visit http://www.cra-arc.gc.ca/hbtc/