Province looking to make life more affordable for residents in 2021

As the calendar hits 2021, some changes aimed at making life more affordable for Saskatchewan citizens have come.

Amongst the changes is a reinstatement of the Active Families Benefit which provides a non-refundable tax credit of $150 a year per child to eligible families with familes of children with a disability getting an extra $50.

Those looking at renovating their home are now able to benefit as well as they can access the Saskatchewan Home Renovation Tax Credit.  That sees homeowners saving up to $1,155 in provincial income tax by claiming a 10 and a half percent tax credit on up to $11,000 of eligible home renovation expenses incurred between October 1, 2020 and December 31, 2021.  A further $945 in savings may be claimed in 2022 in respect of eligible expenses incurred between January 1, 2022 and December 31, 2022.

More from Play92


Recently Played

Loading playlist…