The list of medical expenses eligible under the Medical Expense Tax Credit changes from year to year and province to province depending on where the taxpayer resides.
Beginning in 2018, the Medical Expense Tax Credit has been expanded to include the cost of an animal specially trained to assist a person with a severe mental impairment. In addition to the cost of the animal, certain related costs are allowed, including: food, veterinary care and certain travel expenses in respect of the service animal.
In order to be eligible for the credit, the animal must be trained to perform specific tasks that assist the patient with coping with the mental impairment (not including emotional support).
Posted in Tax Tips for 2018 Tax Year
- Client News
- Estate Planning
- Industry News
- Seminars + Presentations
- Strategic Insights
- Success Stories
- Tax Legislation
- Tax Tips for 2016 Tax Year
- Tax Tips for 2017 Tax Year
- Tax Tips for 2018 Tax Year
- Tax Tips for 2019 Tax Year
- Walsh King
- Walsh King Company Culture
- Walsh King News
- Getting the Most out of a Business Purchase or Sale
- What I Learned During My First Three Months as an Articling Student
- Why Due Diligence Matters When Buying a Business
- A FEW FACTS ABOUT THE B.C. FILM INDUSTRY
- What the Employer Health Tax Means for Your Business
- 10 Study Tips for Surviving the Common Final Examination