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First Time Home Buyers’ Tax Credit
February 12th, 2016 by Robert Smith
The First Time Home Buyers’ Tax Credit (HBTC) was implemented in the 2009 Federal budget. HBTC allows for first time home buyers to save up to $750 in federal tax relief. That amount comes from a non-refundable tax credit based on an amount of $5,000, the credit for a taxation year will be calculated by reference to the lowest personal income tax rate for the… Read More »
