Rénovert, the new tax credit
March 31, 2016
Quebec has introduced a new, temporary tax credit to which you may be entitled (in the production of your tax return) if you live in Quebec as of December 31st, 2016. The Rénovert tax credit is set up for the implementation of eco-responsible renovation works admitted in respect of an eligible dwelling that you may own or co-own. You may also qualify for this tax credit for 2017 if you live in Quebec as of December 31st, 2017.
Conditions
In order to benefit from this tax credit, you should, among other things, get your work qualified by a certified contractor, in compliance with an agreement set up after March 17th, 2016 and before April 1st, 2017, the eco-responsible renovation works admitted for your principal residence, or your habitable cottage you normally live in during the year.
Obviously, several conditions must be filled out in order to benefit from this tax credit. You will find these conditions on the website of Revenu Québec.
Admitted works
Not all the renovation works can qualify for this tax credit. Here is the list of eco-responsible renovation works admitted.
- Work on the shell of the house
- Roof insulation, exterior walls, exposed foundations and floors
- Sealing
- Installation of doors and windows
- Installation of a green roof or of a white roof
- Works on the mechanical systems of the house
- Heating system
- Air-conditioning system
- Water-heater system
- Ventilation systems
- Conservation and Quality of Water
- Soil quality
- Other renewable energy devices
For full details on each one of them, visit Revenu Québec.
Puits Bernier, a qualified contractor
By having your work done by Puits Bernier’s team, you will qualify for the new tax credit. Please, let us know if you have any further questions. You can also visit the website of Revenu Québec anytime in order to get any additional information.