HELPFUL INFORMATION AT TAX TIME
● 2008/2009 Tax Tips from "The Special Needs Planning Group"
Click icon to download PDF
Follow these links to information you may find helpful:
● Johnston and Company Chartered Accountant (specialists in Income Tax planning and preparation)
● Canada Revenue Agency
● Persons With Disabilities - Online
● People With Disabilities: What's New
Tax Benefits and Credits
● Child Disability Benefit
● Disability Tax Credit
● Fitness Credit
● Registered Disability Savings Plan (RDSP)
● other tax resources
Additional Information RegardingTax Benefits and Credits
Information from Revenue Canada:
● Child Disability Benefit (CDB):
A tax-free benefit for families who care for a child under age 18 with a severe and prolonged impairment in mental or physical functions. A Disability Tax Credit Certificate (Form T2201) is required to apply for CDB and must be certified by a qualified practitioner (ie. medical doctor). The form can be submitted at any time, or can be filed as an attachment to your income tax return.
The disability amount, also referred to as the disability tax credit, is a non-refundable tax credit that reduces the amount of income tax payable. Part or all of this amount may be transferred to your spouse or common-law partner or other supporting person.
Information from Autism Ontario:
● Additional Fitness Credit Information
from Weekly News for January 11, 2007 from the provincial office of Autism Ontario