REGINA --
Whether you’re a parent, senior or university student, the 2021-22 provincial budget will impact people across the province in different ways. Here are some of the budget pledges that might impact you this fiscal year:
HOME RENOVATION TAX CREDIT
The Saskatchewan Home Renovation Tax Credit provides a 10.5 per cent tax credit on up to $20,000 of eligible home renovations done between October 1, 2020 and December 31, 2022, beginning with the 2021 tax year. This could save home owners up to $2,100, according to the Sask. Party.
Expenses eligible for the proposed tax credit include permanent additions to a home, but not furniture, appliances or maintenance such as a new furnace or carpet cleaning.