Disability Tax Credit
Brematson and Associates Inc. is here to provide Disability Tax Credit Assistance. We can represent you at any time through the application process. Brematson has successfully represented families to represent their children with learning disabilities, individuals with diabetes, those suffering with mental function and many more. Our specialists know the CRA legislation and can represent a claim very successfully, whether it be a first application or official appeal. If you need Disability Tax Credit Assistance, reach out, we are here.
- To be eligible for the DTC you must have a mental or physical disability lasting at least 12 months.
- You do not have to have a disability in all of the categories listed in the application form.
- The inability to work is not considered, what is important is how the impairment affects you on a day-to-day basis.
- There is no age limit. Any person with a disability (PWD), including children and seniors, may apply.
- The Disability Tax Credit requires taxable income to generate a tax refund.
- Because the tax credit is calculated based on taxable income the amount of the credit can vary from person to person.
- The DTC can be transferred to a spouse or a blood relative.
- There is no survivor benefit, however, the credit can be claimed for a deceased PWD with the tax refund sent to the executor of the will.
- You can reapply, but new information is required.
- You can ask for a reconsideration, appeal or object.
- You must submit your appeal within 90 days of the letter of determination.
- We can submit an official appeal with additional doctor information.
- If you are still denied, you can take your case to tax court.
Child Disability Benefit
- Attached to the DTC for children under the age of 18.
- Paid on a monthly basis to the parent or guardian who is already eligible for the Child Tax Benefit.
- Based on family income.
- A person with a disability, who is of the age of majority (18 or 19 depending on the province) and has the legal capacity to manage his or her finances; or
- The parent of a child with a disability; or a guardian who is legally authorized to act on behalf of a person with a disability.
- As of 2011, upon the death of the parent or grandparent of a financially dependent child or grandchild with a disability, some or all of the deceased individual’s retirement savings can be transferred tax-free to their dependent’s RDSP.