Saskatchewan's Home Renovation Tax Credit is back for the 2025 tax year and every year after it. You get a 10.5% credit on what you spend renovating your home above the first $1,000, worth up to $420 a year, or $525 if you are 65 or older. Kitchens, bathrooms, basements, roofs, windows, furnaces, decks, garages and driveways all count, and so does the contractor's labour. If you are building a suite, the credit also works alongside two bigger programs: the $35,000 SSI Grant and the federal multigenerational credit.
Renovating this year? We are a general contractor in Saskatoon for kitchens, bathrooms, basements, roofs and additions. Every job ends with a paid, itemized invoice showing our business address and GST number, which is the paperwork this credit asks you to keep.
How much is the Saskatchewan home renovation tax credit worth?
The credit is 10.5% of your eligible renovation spending above $1,000, on up to $5,000 of spending. That caps the credit at $420 off your Saskatchewan income tax each year. If you are 65 or older at the end of the year, the spending cap rises to $6,000 and the credit to $525.
| Eligible spending in the year | Amount you claim | Credit (under 65) | Credit (65 and older) |
|---|---|---|---|
| $1,000 | $0 | $0 | $0 |
| $2,500 | $1,500 | $157.50 | $157.50 |
| $5,000 | $4,000 | $420 | $420 |
| $6,000 | $4,000 (under 65) / $5,000 (65+) | $420 | $525 |
| $40,000 kitchen renovation | $4,000 / $5,000 | $420 | $525 |
The credit is non-refundable. It lowers the provincial tax you owe, and if you owe less than the credit, the difference does not come back to you as a refund.
$420 won't pay for a kitchen. But any project over $5,000 maxes it out ($6,000 if you are 65 or older), most full kitchen and bathroom renovations cost well over that, and you can claim it again in every year you renovate.
You may see $2,100 quoted online. That was the earlier version of the credit, which allowed up to $20,000 in expenses, and the description on the province's own page still shows those old numbers. The rules in force now are the ones on the Government of Saskatchewan's Home Renovation Tax Credit page: $4,000 of claimable spending, or $5,000 for seniors.
Who qualifies for the credit?
You qualify if all of these are true:
- The home is your principal residence, and it is in Saskatchewan. A cottage or cabin only counts if it is where you live.
- You own it, alone or jointly. A share in a housing co-op bought for the right to live in your unit also counts.
- You, your spouse or common-law partner, or your children ordinarily live there.
- The expenses were incurred on or after October 1, 2024.
- The work is permanent. The province's wording is "of an enduring nature and integral to the dwelling," which means improvements, not upkeep.
Condo owners can claim the work done inside their unit plus their share of renovations to common areas.
What renovations qualify?
The province's eligible list, grouped by type of project:
- Kitchen, bathroom and basement renovations, including flooring, painting and fixtures like lights and ceiling fans. See our kitchen renovation and bathroom renovation services.
- Roofs, windows and doors. Re-shingling qualifies, as do new windows and exterior doors. We do roofing, siding and exteriors.
- Heating and mechanical: furnaces, boilers, water heaters, water softeners, fireplaces, central air and permanent ventilation. New gas appliances need a licensed gas contractor, and we hold Saskatchewan gas licence No. 6212.
- Electrical upgrades, such as moving from 100 to 200 amp service. EV chargers and standby generators count when they are permanently fixed to the house or garage.
- Additions, garages, decks, fences and sheds. See home additions.
- Driveways and retaining walls, new or resurfaced. See concrete and asphalt.
- Asbestos removal from a house or garage.
- Landscaping such as sod, trees and permanent garden lighting.
- The costs that come with all of the above: installation labour, permits, professional services like architects and engineers, equipment rentals, and the GST and PST you paid.
Labour is often the largest line on a renovation invoice, and when a contractor does the work, it counts toward the credit.
What doesn't qualify?
- Your own labour on a do-it-yourself project. Materials you buy for a permanent improvement still count.
- Routine repairs and maintenance done once a year or more often, and maintenance contracts like furnace cleaning, snow removal and lawn care.
- Appliances, furniture, draperies and hot tubs.
- TVs, computers, smart speakers and other electronics.
- Tools and equipment you buy.
- Interest and other financing costs. If you finance your renovation, the work still qualifies; the interest does not.
- Payments to a relative, unless that relative is registered for GST.
Basement suites: where the credit stops and the SSI Grant starts
CRA has a specific rule for homes that earn rental income. If you rent out part of your home, you can claim the full cost of renovations to areas you use yourself, and only the personal-use share of work that benefits the whole house, such as a new roof.
So the build cost of a basement suite you rent out does not qualify for the provincial credit. It qualifies for a much bigger program instead. The Secondary Suite Incentive (SSI) Grant pays 35% of the cost of a new legal suite at your primary residence, up to $35,000, including up to $5,000 for appliances. Eligible costs have to be incurred by March 31, 2027, and the suite has to be finished and your application received by December 31, 2027. You apply once the City has issued the occupancy certificate.
The two programs work side by side. CRA states that eligible expenses for the provincial credit "are not reduced by other tax credits or grants." Take a Saskatoon homeowner who builds a legal suite and redoes the upstairs bathroom in the same year. The suite goes through the SSI Grant. The upstairs bathroom is personal-use space, so it qualifies for the tax credit in full, and at any cost over $5,000 that is the full $420.
For the suite itself, read our complete SSI Grant guide, run your numbers in the SSI Grant calculator, and check the legal basement suite requirements before you design anything. We build suites start to finish as a basement development contractor in Saskatoon, SSI paperwork included.
Building a suite for a parent? Add the federal multigenerational credit
If the new unit is for family rather than a tenant, look at the federal Multigenerational Home Renovation Tax Credit (MHRTC). It is refundable, and for the 2025 tax year CRA lists it at 14.5% of up to $50,000 in qualifying costs, a maximum of $7,250 for each qualifying renovation.
The renovation has to create a self-contained secondary unit so that a senior (65 or older at the end of the tax year the renovation finishes) or an adult aged 18 to 64 who is eligible for the disability tax credit can live with a qualifying relative. Qualifying relatives include a parent, grandparent, child, grandchild, brother, sister, aunt, uncle, niece or nephew. They have to live in the home, or intend to, within 12 months of the renovation finishing.
CRA excludes expenses that "can reasonably be considered to have been reimbursed," expenses without receipts, and expenses already claimed under the medical expense or home accessibility credits. In practice, the share of a suite the SSI Grant pays back can't be counted again for the MHRTC. Check CRA's MHRTC page for the rate in the year your renovation is completed, since the figures above are for 2025.
The three programs side by side
| Saskatchewan Home Renovation Tax Credit | SSI Grant | Federal MHRTC | |
|---|---|---|---|
| What it covers | Renovations to your principal residence | Building a new legal secondary suite at your primary residence | Creating a self-contained unit for a senior or an adult with a disability |
| Value | 10.5% of spending over $1,000; up to $420, or $525 at 65+ | 35% of the cost, up to $35,000 | 14.5% of up to $50,000; up to $7,250 (2025 tax year) |
| Type | Non-refundable provincial tax credit | Provincial grant | Refundable federal tax credit |
| How you get it | Line 58340 of Form SK428 | Application to the province after occupancy | Line 45355 of your federal return |
| Timing | Every tax year from 2025 | Costs by March 31, 2027; apply by December 31, 2027 | The tax year the renovation is completed |
How to claim the Saskatchewan home renovation tax credit
- Keep every invoice and proof of payment. The province asks for invoices that name the contractor with their business address and GST number, describe what was supplied and in what quantity, and show the dates. Invoices must be marked paid, or backed by a credit card slip or cancelled cheque.
- Total your eligible expenses for the year. For your 2025 return, that is everything from October 1, 2024 to December 31, 2025. From 2026 on, it is the calendar year.
- Fill in Schedule SK(S12), then enter the result on line 58340 of Form SK428. Tax software handles both once you enter the expenses.
- Split it if that helps. You can divide the claim between you and your spouse or partner, as long as the total stays under the maximum. If family members split it and not all of them are 65 or older, the family maximum is $4,000.
- Missed it last year? CRA lets you request changes to returns from the 10 previous calendar years through Change my return. Renovations from October 2024 through the end of 2025 belong on your 2025 return.
Questions about your own return go to CRA at 1-800-959-8281.
Plan your projects around the tax year
Each tax year gets its own cap, and the credit resets every January. Two projects in two different years earn two credits. A furnace replacement this December and a bathroom renovation next spring can each claim the maximum, on two separate returns.
Interior work like kitchens, bathrooms and basements carries on through a Saskatoon winter. If you want to see what your project costs before you decide, start with our renovation cost estimator, then book a site visit for a fixed price.
Planning a renovation in 2026 or 2027?
We visit, measure and send a fixed-price quote within 48 hours. Permits handled, and a paid, itemized invoice for your tax claim when the work is done.
Get your free quoteFrequently asked questions
Is there a tax credit for home renovations in Saskatchewan?
Yes. The Saskatchewan Home Renovation Tax Credit was brought back for the 2025 tax year and later years. It is a 10.5% non-refundable credit on eligible renovation spending above $1,000, worth up to $420 a year, or $525 for homeowners 65 and older. It applies to renovations of your principal residence in Saskatchewan.
Is the Saskatchewan home renovation tax credit refundable?
No. It reduces the Saskatchewan income tax you owe, and if your provincial tax is lower than the credit, you lose the difference. The federal Multigenerational Home Renovation Tax Credit is refundable.
What line is the Saskatchewan home renovation tax credit on?
Line 58340 of Form SK428. You work out the amount on Schedule SK(S12). Most tax software asks for your renovation expenses and fills in both forms.
Can I claim a new roof or furnace?
Yes. Re-shingling, furnaces, boilers, water heaters, water softeners, windows and doors are all on the province's eligible list, along with the installation, permits and the GST and PST on them. Routine servicing such as a furnace cleaning does not qualify.
Does a basement suite I rent out qualify?
The suite itself does not. When you earn rental income from part of your home, renovations to the areas you live in qualify in full, and shared work like a new roof qualifies for the personal-use share only. A new legal suite is covered by the SSI Grant instead, at 35% of the cost up to $35,000.
Can I get the tax credit and the SSI Grant?
Yes, on different parts of the work. CRA says eligible expenses for the provincial credit are not reduced by other tax credits or grants. The rented suite goes through the SSI Grant, and renovations to the part of the house you live in go through the tax credit.
Do I need receipts to claim it?
Yes. Keep invoices that show the contractor's name, business address and GST number, what was supplied, the dates, and proof that you paid. CRA can ask for them after you file.
Does financing a renovation change the credit?
No. Financed work qualifies the same way as work paid in cash. The interest and other financing costs are not eligible expenses.