Yes, there are. While income benefit programs generally work toward supporting monthly living expenses through regular, ongoing payments, the Disability Tax Credit only reduces the amount of taxes qualifying individuals pay annually.Important: Disability Tax Credit does not provide additional …
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Who can qualify for the Canadian Disability Tax Credit?
People with significant and prolonged impairments, physical or mental, no matter their age qualify. Qualification depends on the severity of the impairment as well as its longevity.Typically, the impairment will have had to have been present for at least 12 continuous months during the last 10 …
What is the Canadian Disability Tax Credit?
Canadian Disability Tax Credit The Canadian Disability Tax Credit is a non-refundable income tax credit that reduces annual income tax payable for those who qualify. Such people have found themselves in a situation that prevents them from returning to work on a regular basis. At Disability Credit …