Disability Tax Credit Certified Impairments: Survey Says “No”

The federal government has made its intentions clear that there will be an expansion of those who are eligible to certify an individual for the Disability Tax Credit. Our May poll results are in. 83% of our readers voted against allowing public trustees, guardians and departments supporting Indigenous Services to certify impairments for the Disability Tax Credit.

CIBC’s latest annual Financial Priorities poll holds some disturbing revelations.  When survey respondents were asked how they are determining how much money they will need to retire: A shocking 33% indicated they are using their “best guess” and only 14% indicated they are arriving at a number with the help of an advisor.

With high inflation rates, currently 5.9% on average across the country – all Canadians are feeling the pinch. One could argue that those earning an income that varies significantly year-to-year are being hit even harder.

Did you move during 2022 to take a new job or start a new business or even to go to school?  If so you may be eligible to claim a host moving expenses on your tax return.  But the time to get your receipts together is now!

Do you pay union dues?  Then you will qualify for a tax deduction and possibly a GST/HST rebate.  Here’s what you need to know:

It pays to file outstanding tax returns as soon as possible and certainly before May 1, this year’s tax filing deadline.  Here are 12 reasons why:

Did you know 2023 is an extremely important Milestone Year for CE/CPD Credits in the financial services industry? Knowledge Bureau designates need 15 CE Credits by June 30 to relicense; IIROC Cycle 9 ends on December 31, 2023 and Insurance Council licensing CE credits are due at various times throughout the year.  That’s why Knowledge Bureau is offering 5 new and exciting CE options to meet your professional development needs in 2023: