Recent change – Health, seniors and caregivers

An individual is entitled to a non-refundable tax credit for medical expenses paid for himself/herself, their spouse or a dependant during a 12-month period

The Benefits provider offered by the federal government allows users to identify the federal and provincial benefits that a person with a disability may be

A non-refundable tax credit of 14.5%18 of expenses to a maximum of $20,000 (maximum credit of $2,900) may be claimed for home renovation or alteration

An individual 70 years of age or older on December 31 can claim a maximum refundable tax credit of $2,000 ($4,000 for a couple). The maximum credit is reduced

An individual may claim the Canada caregiver credit in respect of a spouse or common-law partner, minor child or eligible relative29 who is dependent on the

The RDSP is generally comparable to the RESP (see Section III) and is intended to encourage saving for the long-term financial security of a person eligible for the disability tax credit.

The first $1,500 of income from indemnities paid to a research subject who participates in clinical trials carried out by another person, in accordance with the standards established by the Food and Drug Regulations, is not taxable.