Information for your practice: Canada Revenue Agency Update

Caring for dependants? Depend on the new family caregiver amount Did you know? The new family caregiver credit (FCA) helps Canadians with the costs of caring for a dependant with a mental or physical impairment. Important facts Introduced in the 2011 federal budget, the FCA is a 15% non-refundable tax credit on an amount of $2,000 that provides tax relief for caregivers of dependant relatives who have a mental or physical impairment. This includes, for the first time, spouses, common-law partners, and minor children. The dependant must be: An individual 18 years of age or older and dependant on you because of a physical or mental impairment; or A child under 18 years of age, with a physical or mental impairment. The impairment must be prolonged and indefinite, and the child must be dependent on you for assistance in attending to personal needs and care when compared to children of the same age. You may be asked to provide a signed statement from a medical doctor that provides information on the nature, commencement, and duration of the dependant's impairment. You can claim the family caregiver amount for more than one eligible dependant. Please note that the maximum amount for eligible dependants age 18 or older already includes the additional amount of $2,000 for the family caregiver amount. For more information, go to www.cra.gc.ca/familycaregiver. The Canada Revenue Agency’s (CRA) online services make filing even easier The CRA’s online services are fast, easy, and secure. You can use them to file your income tax and benefit return, make a payment, track your refund and more. Sign up for direct deposit too! Your refund and any benefit or credit payments owed to you will be deposited directly into your account, putting your money into your pocket faster. For more information, go to www.cra.gc.ca/getready.