Georgian Life May 2017

1. 7GEORGIAN LIFE • MAY 2017
Contact Jerry Patten 705.444.6186
info@lpattenandsons.ca | www.lpattenandsons.ca
L. PATTEN & SONS LTD.
Quality Custom Homes Since 1958
L. Patten & Sons Ltd. specializes in custom-built homes and chalets in and
around the Georgian Bay area. Let over 50 years of experience building
custom homes work to build you the home of your dreams.
This article is provided by: Brian A. McMillan CFP, CLU,
CH.F.C, EPC, is a Life Transition Financial Advisor/
Principal with Team Approach Planning in Collingwood.
For a no cost consultation please contact:
Brian@TAPadvantage.ca
Disability tax credits
Don’t forget about the disability tax credit…it could save you or a loved
one thousands of dollars!
For most of my life I have been a healthy guy and can thank God for
recovery when not so healthy things happen. For sure, as we age, we are
more likely to get sick and possibly disabled as a result. One of the things
you should keep in mind is the disability tax credit in filing our tax returns.
Recently I was referred to someone who’s husband had died. In
conversation, I discovered that her husband had been seriously ill
with a heart condition since 2008. I asked if he had ever applied for
the disability tax credit. To her knowledge, he hadn’t. In Canada if a
person has a severe and prolonged physical or mental disability they may
qualify for tax relief on their income tax return. Part “A” of Form T2201 is
completed by the person with the disability or their representative. Part
“B” is completed by the doctor or now a nurse practitioner (as of the
2017 budget). The document is then sent to Canada Revenue Agency for
approval. Once approved there is a tax credit available. The significance
of this in this particular case is that the tax credit can be filed for an
adjustment for returns filed previously for up to ten years! This can be
a significant amount of money in refunds. We had reviewed a client’s
situation and recommended they get qualified for the disability tax credit
and file for an adjustment. The client received over $20,000 in a refund.
If you are or know someone who has or needs Kidney dialysis, has difficulty
bathing, breathing, dressing, walking, has cancer, is taking insulin, is blind,
has had an amputation or someone with dementia, they or their personal
representative should complete and apply for the disability tax credit.
If you don’t complete the credit form and file it, you or the caregiver
won’t get the tax relief. Getting approved will potentially qualify an
individual for the Registered Disability Savings Program. Caregivers may
get benefits as well. Talk to your tax professional or go online to the
CRA’s web site: www.cra-arc.gc.ca/disability.
Great dock, sheltered harbour, incredible sunsets
Port Elgin Harbour
• Transient Slips • Over 250 Seasonal Slips
• Washrooms & Showers • Ice • Waste Station
• Launch Ramp • Fuel – Gas & Diesel
• Sandy Beach • Picnic Areas • Restaurants
• Complimentary taxi vouchers available
for transient boaters
Harbour Amenities and Services Include:
Harbour monitors channel VHF 68 • GPS: 44.44434,-81.402981
Phone: 519-832-6535 (May-Oct)
Toll Free: 1-866-832-2008 x131 (Nov-Apr)
Email: harbour@saugeenshores.ca
Visit us on the web at saugeenshores.ca/harbour
Contact us for more information on the Port Elgin Harbour
First time visitors
bring in this ad
and receive
TWO NIGHTS
for the price of
ONE!
Lions lend a hand
The Stayner Lions Club was pleased to host the annual Clearview Youth
Organizations Dinner during which donations were presented in recognition
of the work done by the volunteers of these groups. Over 1,300 youngsters
are enrolled in the programs run by these organizations and the role of
the volunteers has a significant impact on the lives of these youths and
their families. Thank you to everyone who donates their time and talent
to this work. Pictured are representatives of 13 of the 17 organizations
being recognized this year. Those organizations are: Stayner Minor Hockey,
Creemore Minor Hockey, Clearview Girls Hockey Association, Simcoe
County Sliders, Stayner Figure Skating Club, Creemore Figure Skating
Club, Stayner Hitman Lacrosse Clearview Soccer Club, Clearview Gliders,
Stayner Minor Baseball, Singhampton Minor Baseball, New Lowell Minor
Baseball, Nottawa Minor Baseball, Stayner Cubs & Scouts, Creemore Cubs
& Scouts, Girl Guides Stayner, Girl Guides New Lowell.
Submitted by: Lion Bob Charlton