Tuesday, February 14, 2023 / by Chris Matlashewski
Explaining the Tax Free Home Savings Account
Are you interested to have over $40,000 tax free dollars to put toward your home purchase? The federal government has unveiled the Tax Free Home Savings Account (FHSA) and the Multi Generational Home Renovation, Tax Credit (MGHRTC). We are discussing how to go about to set this up, the difference between (FHSA) the first time homebuyers plan and how this is very different from your RRSP’s. We also discuss a little bit about the federal governments, environmental tax credit to achieving net zero housing and its current challenges.
#FHSA #mghrtc #taxfreehomesavingsaccount
#FHSA #mghrtc #taxfreehomesavingsaccount