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  2. Disability Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Disability_tax_credit

    An applicant can file for the disability amount, back 10 years, due to the Tax Payer Relief Provisions in the Income Tax Act. The DTC amounts to C$7,687 (According to line 316) is a non-refundable tax credit and if an individual has enough taxable income, this would result tax savings of 1,153.05, and if filed for the full 10-year period the possible tax savings are excess of 11,000.

  3. Canada Revenue Agency - Wikipedia

    en.wikipedia.org/wiki/Canada_Revenue_Agency

    The Canada Revenue Agency (CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes, administers tax law and policy, and delivers benefit programs and tax credits. [4]

  4. Registered disability savings plan - Wikipedia

    en.wikipedia.org/wiki/Registered_Disability...

    Add also the Canada Disability Savings Grant, if the beneficiary's income is $75,769 or less for an additional $3,500/yr,(for each $1.00 that is deposited to the RDSP, the government will match that up to $3.00 prorated to the beneficiary's income) to a lifetime maximum of $70,000. This works out such that, if the beneficiary over the age of 18 ...

  5. Ontario Disability Support Program - Wikipedia

    en.wikipedia.org/wiki/Ontario_Disability_Support...

    The Ontario Disability Support Program (ODSP) [1] is a means-tested government-funded last resort income support paid for qualifying residents in the province of Ontario, Canada, who are at least eighteen years of age and have a disability. [2] ODSP and Ontario Works (OW) [3] are the two main components of Ontario's social assistance system.

  6. Tax returns in Canada - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_Canada

    Tax returns in Canada refer to the obligatory forms that must be submitted to the Canada Revenue Agency (CRA) each financial year for individuals or corporations earning an income in Canada. The return paperwork reports the sum of the previous year's (January to December) taxable income, tax credits, and other information relating to those two ...

  7. Income tax in Canada - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_Canada

    The provincial/territorial tax forms are distributed with the federal tax forms, and the taxpayer need make only one payment—to CRA—for both types of tax. Similarly, if a taxpayer is to receive a refund, he or she receives one cheque or bank transfer for the combined federal and provincial/territorial tax refund.

  8. Assured Income for the Severely Handicapped - Wikipedia

    en.wikipedia.org/wiki/Assured_Income_for_the...

    Any income that an AISH recipient receives from the national Canada Pension Plan (CPP) is deducted dollar for dollar from the AISH benefit. [13] For example, a recipient who received the maximum CPP disability payment of C$1,001.37 would have received C$683.63 from AISH in 2019. In 2020, they would receive C$1,377.66 from CPP and C$297.34 from ...

  9. Disability in Canada - Wikipedia

    en.wikipedia.org/wiki/Disability_in_Canada

    These include the creation of Registered Disability Savings Plans in 2006, the Accessibility Fund in 2007 and Tax-free free Disability Savings Account in 2008. [22] In light of the COVID-19 pandemic, the government enhanced these programs with increased funding, including reinstating the Canada Revenue Agency's Disability Advisory Committee. [28]

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