disability
Loopholes Tagged "disability"
Plain-English guides to Canadian legal rights and workarounds related to disability.
Medical Expense Tax Credit — The Overlooked Eligible Items
The CRA's Medical Expense Tax Credit covers far more than prescriptions and dentist bills — travel to appointments, home renovations for disability, fertility treatments, service animals, and dozens of other expenses most Canadians never claim.
Home Accessibility Tax Credit (HATC) — Up to $3,000 Back on Renovation Costs
Canadians 65+ or those eligible for the Disability Tax Credit can claim a 15% federal tax credit on up to $20,000 of qualifying accessibility renovations per year.
CPP Children's Benefit — Monthly Payments for Children of Disabled or Deceased Contributors
Children under 18, and some students aged 18 to 25, may qualify for a monthly CPP children's benefit if a parent is receiving CPP disability or died after meeting CPP contribution requirements.
Registered Disability Savings Plan — Up to $90,000 in Free Government Money
Canadians with disabilities who qualify for the Disability Tax Credit can receive up to $3,500/year in government grants and $1,000/year in government bonds through the RDSP — money that requires no matching contribution from low-income families.
Disability Supports Deduction — Deduct Work and School Support Costs Above the Line
The disability supports deduction lets eligible taxpayers deduct certain disability-related expenses needed to work, run a business, attend school, or do grant-funded research.
Canada Student Loan Severe Permanent Disability Benefit — Cancel Federal Student Debt When Disability Is Extreme
Borrowers with a severe permanent disability may qualify to have Canada Student Loans forgiven under the Severe Permanent Disability Benefit.