Time after time I have helped clients get credits that were missed relating to a Disability Tax Credit, the unusual thing is they are people who already had the credit approved and thought they had received the benefit from it already.
People apply for the credit and then once approved, don't make all the adjustments needed to get everything they are entitled to.
In this case, the clients received a credit for their child, backdated to when his ADHD became severe enough to qualify. Once processed, CRA automatically sent them a revised Child Tax Benefit based on the qualification and after receiving this large sum of money the client assumed that was all there was to it.
However, I discovered while helping them with a review of their medical expenses that they had not in fact claimed the actual credit and revised their returns going back for several years.
Initially they didn't believe me, but I guaranteed them that if they didn't receive this money I would refund all the fees for the related work to do the adjustments.
This got them back $9600 plus interest just in time for Christmas. Turns out the timing was perfect for them and they really needed the money when it arrived.
If you think you might qualify for the Disability Tax Credit, or aren't sure having one has benefited you, contact us at service@painfreetaxes.ca and we can look into it for you at no charge.
Our company provides mobile service in Victoria, BC and remote service Canada Wide through the internet, phone and fax.
No comments:
Post a Comment