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Wednesday, 4 May 2016

The Disability Tax Credit And How To Claim It

By Larry Reynolds


For those suffering from any form of disability, it is important to understand that the government has put in place a number of measures to caution them against the tough reality of life. However, in order to take advantage of these benefits set aside by the government, you need to get informed on what exactly it is that you can enjoy from and whether you qualify for the same or not. The disability tax credit is considered a non-refundable tax-credit used to reduce the tax burden (income tax) for those who are eligible.

The biggest problem has always been that who are eligible are either in the dark that the program exists or if they are aware of its existence, they are not aware that they qualify. In some cases, others are simply intimidated by the process and are unwilling to even begin. As such, the government agencies are always on hand to help spread the news make the process simpler and help provide the support required.

Obviously, the beginning point is to find out if you qualify. Generally, the status must be examined by a qualified doctor who is also licensed to practice in the area. The doctor conducts an assessment and certifies that the person qualifies. They give the disabled person a certificate to certify their status and the certificate can be used to claim the benefits.

This disability is likely to put a strain on your personal as well as professional life as well as increased expenses directed towards treatment. In case you are in this category, just understand that not all doors are closed. There are a number of benefits that you qualify, the biggest of which is tax relief.

There must be some form of illness, injury or a condition affecting the brain or physical deformity. The condition should be affecting the ability of this person to perform some daily activities normally. The commonly affected functions include seeing, hearing, walking, dressing, eating, speaking, and the mental functionality.

There are lists of conditions that may make you qualify, but the list is not limiting. This is why a qualified doctor needs to conduct an assessment and certify whether one qualifies or not. Once confirmed, the next process is to apply for the benefit.

However, a big majority of those who qualifies may no longer be earning any income or may have never had any income in their life. If someone is working and he/she get injured, fall sick or became disabled for any other reason, their life or professional life gets affected and most may stop working. There is no need to pity yourself just because you don't have taxable income.

Generally, the condition does not necessarily have to stop the affected person from working; all it has is a mark on the daily life of the person affected. The doctor then simply certifies through a certificate that the person has one of the many conditions to qualify for the benefit. Those currently unemployed can transfer such benefits to their common law-partners such as parents, spouses, and those taking care of their financial needs.




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