The Potential Value of the Disability Tax Credit Certification PDF Print E-mail

There are several tax measures aimed at assisting persons with disabilities, both adult and children, and their families.***   Each person’s case must be addressed individually as the criteria for approval is specific and so eligibility can be determined only by a detailed analysis of an individuals relevant physical and financial circumstances.

The benefits for those that do succeed in acquiring the Disability Tax Credit Certificate can make a large impact in offsetting some of the high costs related to disability.

Potential future benefits garnered by a disability tax credit certification, when combining tax credits and tax benefit programs, can run into the thousands of dollars, and even range over $100,000 over the lifetime of a person with a disability.   In most cases the potential benefits for the family of a child with a disability are much higher than that of an adult with a disability.  Past years benefit recoveries often exceed $10,000.

With so much on the line, get proffesional help.  

 

Sincerely,

Mike Campagne Certified Proffesional Accountant
President
DTS Disability Tax Services Ltd.

*** “A detailed and lengthy confidential review is required to ascertain potential eligibility for disability tax credits and or benefits. As such, the preceding article is provided as general information only and should not be used as the basis for any financial decisions. Detailed information on disability tax rules and regulations can be found at the Canada Revenue Agency Website at http://www.cra-arc.gc.ca/disability ”

“The views and content expressed here have been provided by the author and not FPSC. This article is meant for informational purposes only and readers are encouraged to check with a qualified financial professional before making any financial decisions.”

CFP® and CERTIFIED FINANCIAL PLANNER® are certification marks owned by Financial Planning Standards Board Ltd. and awarded by Financial Planners Standards Council in Canada, through license.

 
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