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 "The National Benefit Authority in conjunction with Manulife Financial is proud to bring clients the best in Health and Dental care coverage." More >>  "Over the past year, many people have called the LDA Toronto to ask for information on the National Benefit Authority. We are pleased to state that the reports back have all been positive. Clients are handled in a professional and transparent manner. If the NBA can help, they will!" Mimi Hoffman Executive Director, LDA Toronto View Video >> |
DISABILITY TAX CREDIT The ‘ins’ and ‘outs’ of Disability Tax CreditIf you suffer from a disability, you are bound to have heard of the term ‘disability tax credit’. Initially, you may have asked yourself who is eligible for this benefit. You may have then learned that the answer to this question will vary on a case to case basis. So now the question you must be itching to ask is whether you are eligible to avail this disability benefit. This article will provide you with the nitty-gritty of disability tax credit so that you know the complete ins and outs of this disability benefit.
To kick start things, it will be wise if you first familiarize yourself with a basic definition. As per the Canada Revenue Agency, the disability tax credit is defined as a non-refundable tax credit that is used to reduce income tax for those individuals who constitute the eligible list. If you are eligible for the disability tax credit and find yourself in a position where you are unable to avail all or part of this credit (because of the lack of taxable income), you would be happy to note that the disability tax credit can be transferred to your spouse, common-law partner, or any other supporting person. Sound’s good, doesn’t it? Just remember that the only catch in this situation is that both you and the supporting person need to have been residents in Canada during the tax year in question. This then leaves us with just one more question; do you think you are part of the eligible list or not? To answer this question, make a note that to be eligible for disability tax credit you would need to meet three conditions. Firstly, you must have a severe impairment in physical or/and mental functions. Secondly, this impairment must be prolonged such that it has been persistent or will remain persistent for a continuous period of at least one year. Thirdly and finally, a qualified practitioner needs to certify that your impairment is severe and prolonged by completing the Disability Tax Credit Certificate. Once completed, the Disability Tax Credit should highlight and detail the effects of the impairment on your normal functioning. Now you might be thinking that handling all of the required formalities may be too cumbersome a task for you. After all filing all that paperwork will require some work, won’t it? Yes it will, but fret not because the NBA is here to guide you through everything. We at the National Benefit Authority promise to make your life a whole lot easier. Founded with the simple aim of ensuring that people with disabilities receive the benefits they deserve, the NBA will provide you expert counsel such that you are able to hurdle past any and all bottlenecks and have your claims processed both effectively as well as efficiently. Thus, if you are looking to get the benefits you deserve, it would be only commonsense to take up a free consultation with us. | TESTIMONIALS
 "In my professional opinion, individuals with disabilities should engage the services of The National Benefit Authority to help maximize their monetary benefit, and I highly recommend other professionals to do the same"Salvatore DiLieto - Chartered Accountant  "I am really grateful to The National Benefit Authority because they helped my family out alot. My dad and my brother have unfortunate disabilities and we needed help. I got a lot of money back for them all because of The National Benefit Authority."Susie Risi - Satisfied Client  "The Government has these tax credit programs available and people don't know about it. If you are not taking advantage of it and you have a child who qualifies, then I highly recommend that you contact The National Benefit Authority and they'll take care of everything for you from start to finish."Barry Goldman - Lawyer  "The National Benefit Authority was there for my mother and I every step of the way. We appreciate everything that you did for us."Lee Francisco - Satisfied Client  "My practice means a lot to me and my patients mean a lot to me, and when I find something that I believe could be useful to them I get very excited. The National Benefit Authority has been unbelievably helpful to many of my patients and they have been able to get the Government disability benefits that they so much need."Dr. Harvey Ehrlich - Dentist |
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The National Benefit Authority Corporation runs disability support programs to collect disability benefits claims, disability tax credits, disability tax benefits, and disability insurance for disabled people in Canada. We service the provinces of Canada which are Ontario, Quebec, British Columbia, Alberta, Manitoba, Saskatchewan, Nova Scotia, New Brunswick, Newfoundland and labrador, Prince Edward Island, Northwest Territiries, Yukon and Nunavut. | |