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CNLA and Member News
Home Renovation Tax Credit - Win for Green Industry
The Canadian Nursery Landscape Association is urging members to promote the Home Renovation Tax Credit (HRTC). The most effective way to determine the items that qualify for the HRTC is using the statement issued by the federal government: "Any improvement or renovation of an enduring nature to dwelling or the land on which the dwelling sits." The following are examples of what is eligible (click here for more examples on the CRA website):
Listed as not eligible: annuals, lawn and garden maintenance, tree maintenance, snow removal. The material purchased must be of an "enduring installation into the land." Eligible home renovation expenditures for work performed, or goods acquired, are those between Jan. 27, 2009 and Feb. 1, 2010. A 15 per cent credit may be claimed on the portion of eligible expenditures exceeding $1,000, but not more than $10,000, meaning that the maximum tax credit is $1,350. Properties eligible for the HRTC include houses, cottages and condominium units that are owned for personal use. Expenses such as labour, building permits, equipment rentals, professional services and incidentals are also eligible. Do-it-yourself labour is not eligible for the tax credit. Receipts will be needed, but consumers are not required to submit the receipts with their income tax file to Revenue Canada. The receipts will be needed if Revenue Canada requires confirmation of those projects. To find out more from the federal government click here. The Canadian Nursery Landscape Association has created a consumer-targeted pamphlet on the HRTC, and how homeowners may maximize the tax credit. The two-sided colour piece measures 8.5 x 3.6 inches - print copies to distribute to
CNLA has also created a poster that promotes the tax credit as well. Artwork for the 30 x 40 in. posters available in both French and English. In the weeks leading up to the announcement of the 2009 Federal Budget, The Honourable Jim Flaherty, Minister of Finance requested industry consultation. The Canadian Nursery Landscape Association (CNLA) responded in a major way by providing Minister Flaherty with an action plan to stimulate the Canadian economy by investing in green infrastructure. Michael Murray, CNLA President, was very pleased that Minister Flaherty took the recommendation seriously. “This is a great development for Canadian home owners and our industry. We hope this is just the beginning and look forward to this government’s support in the future”, said Mr. Murray. Canadian homeowners are now eligible for the Home Renovation Tax Credit outlined in the Harper Government’s recent Federal Budget for 2009. Families will be eligible to claim a 15% non-refundable tax credit for eligible expenses made in respect of eligible dwellings. The credit will apply to expenditures in excess of $1,000, but not more than $10,000, resulting in a maximum credit of $1,350 ($9,000 x 15%). Ineligible Expenditures:
CNLA is national federation of nine green industry associations representing over 3,600 companies in the landscape, independent garden centre, and nursery sectors. CNLA’s members are thrilled with the Home Renovation Tax credit as they are the growers of trees, shrubs, annuals and perennials; retailers for all garden products and plant material; and professional service providers who will create stunning gardens and landscapes for homeowners across Canada. The green industry that CNLA represents contributes $14.48 billion to Canada’s economy and employs 132,776 people across the country. For additional information: Victor Santacruz, CLP, CAE
Executive Director
Canadian Nursery Landscape Association
Joseph Salemi, CAE
Communications Manager
Canadian Nursery Landscape Association
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