Saskatchewan Home Renovation Tax Credit
The Saskatchewan Home Renovation Tax Credit is a new, non-refundable tax credit designed to make the improvements you need for your home more affordable.
You might be eligible for this tax credit if:
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You’re a resident of Saskatchewan;
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You’re a homeowner and you’re renovating your principal residence (the main home where you live);
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The renovations started in October 2020 at the earliest and will be fully or almost finished by December 2022.
The maximum amount you can claim for your home renovation expenses is:
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$11,000 for expenses between October 1, 2020 and December 31, 2021; and
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$9,000 for expenses between January 1 and December 31, 2022.
This is a non-refundable tax credit, meaning it lowers the total taxes you owe when you file your return. The highest credit you can claim is $2,100. This amount can be split amongst the members of your household – to get a higher tax credit, the person with the higher income should claim the full amount of your expenses on their return.
You can claim expenses such as the cost of labour and professional services, building materials, fixtures, equipment rentals, and permits. For a full list of eligible expenses, visit the Saskatchewan provincial government website.
You can’t claim the following expenses:
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Furniture;
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Appliances (such as a fridge or stove);
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Audiovisual electronics (such as a computer, TV, or speakers);
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Hot tubs;
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Tools;
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Maintenance (such as furnace cleaning, pool cleaning, snow removal, or yard care); and
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Financing costs (such as interest payments) associated with your renovations.
Remember to keep your receipts in case the Canada Revenue Agency (CRA) asks to see them later.
Follow these steps in H&R Block's tax software:
Before you begin, make sure that you told us that you lived in Saskatchewan on December 31, 2024.
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On the left navigation menu, under the Credits & deductions tab, click Other.
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Under the SPECIFIC CREDITS FOR YOUR PROVINCE heading, select the checkbox labelled Saskatchewan home renovation tax credit (Schedule SK(S12)).
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When you arrive at the page for the Saskatchewan home renovation tax credit, enter your information into the tax software.