Demystifying Disability Tax Credit Canada

There are over two million people who are disabled in Canada and this is what necessitated the country to look into ways of making their lives to be more comfortable just like for the normal people. One of the ways of achieving this feat was through the introduction of the disability tax credit Canada. Whenever you mention it you will get an audience since most people do not understand it.

The above mentioned tax credit was provided for people who are physically challenged to be able to claim it if their taxable income falls short. It can also be split with a family member who usually accommodates and takes care of these persons. It is a way of giving them a relief as disabled persons usually strain them in certain ways.

These funds are not supposed to be only used on products or services that affect the welfare of these people only. They were made available with the aim of helping this people to enjoy financial freedom that the normal people usually enjoy. However, there was an eligibility criteria put in place in an effort to ensure that only the deserving Canadians benefit from it.

It is necessary for applicants to prove that they have an impairment that is significant in making it hard for them to do normal duties daily. There are some categories listed by the Canadian Revenue Agency that any applicant has to prove that they are completely impaired in them. The categories are usually drawn from over eight areas that are mainly considered by the agency.

The various other needs that these applicants require like undergoing therapies later on in order to sustain their lives are considered by the CRA and the other factors affecting them. The disability in which the application is founded on should also have been in existence for a period exceeding a year. The same ought to be expected to keep on existing.

All the applications made by disabled Canadians are subjected to a vigorous check in order to check whether they satisfy the evaluation guidelines created by the CRA. They are used in the evaluation of all applications notwithstanding the underlying disabilities. These applications should also be made on a prescribed T2201 form that is supposed to be filled and signed by a physician to be used as a source of all your personal details.

Currently there have been calls for reforms in the way these claims are made as most people complain that they are not worth enough. The complaints range from the complex application processes and the eligibility requirements being too restrictive. Other complains attack the CRA claiming that it turns down the applications and that some doctors also deem them not eligible at all.

CRA stated that only a few of the eligible Canadians actually claim the tax credit while the majority stays away. It seems the CRA has heeded these complaints as an overhaul is looming complete with new set of regulations. This will ensure that more disabled Canadians will have access to this money.

If you are looking for information about disability tax credit, come to our web pages online here today. Additional details are available at http://firstsupport.ca now.