Tax Tip: Disability Tax Credit – Do You Qualify?

You may be surprised to know that the federal and provincial governments offer generous personal tax credits for:

  • Persons with disabilities, or
  • The person who supports another person (family member) with a disability.

old-lady-scared-pensionIf you or the person you support qualifies, you may be entitled to claim these credits retroactive to the start of the disability (or 10 years back, whichever is less).

In some cases these tax credits can exceed $15,000.

What Qualifies as a Disability?

If a medical professional (usually a doctor) certifies that you have a pronged physical or mental impairment that restricts the ability to basic activities for daily living, then you may qualify.

Even if a doctor has said you do not qualify, you may still be entitled to theses credits. We have helped many claim these valuable credits.

If you feel you may qualify for the disability tax credit, call us at (289) 288-1206 or e-mail us to arrange your appointment. We can discuss your situation and access your entitlement to these valuable tax credits.

Dean Paley

A graduate of Simon Fraser University, Dean started and operated an independent painting company while perusing a degree at SFU. After graduating from Simon Fraser, Dean entered the Certified General Accountants Program of Professional studies where he obtained the professional CGA designation. After a number of successful years as the head of finance for the Canadian operations in a global financial services firm, Dean moved into a marketing role and established and launched a tax, estate and financial planning support department and service to advisors and clients. During this time Dean successfully obtained the Certified Financial Planner (CFP) designation. Dean has been a member of the Canadian Forces Reserve spanning three decades serving in the Royal Westminster Regiment (B.C.), the Military Police and later as a commissioned officer in the Cadet Instructors Cadre in Hamilton Ontario. Dean Paley CGA CFP has been interviewed and quoted in major media such as the National Post, Financial Post, Toronto Star, Canadian Business, Money Sense and Investment Executive. Dean is married to his lovely wife Deborah and has four lovely children.