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Helpers may also qualify for tax refund
Are you helping a family member? You may qualify for a tax refund. I have heard from so many people about how they are helping someone in their family, be it parents or an adult child.
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They don’t think they qualify for a tax refund as that family lives on their own and have their own money.
Not so. If you are paying income tax and are helping a family member who is in the low-income bracket, you may qualify for up to 10 years’ funding retroactively.
I am helping many people who have aging par-
Throne Speech 2023
It’s time to spend money now because it won’t be there next year.
That was the overarching message of the first Throne Speech delivered by Premier David Eby’s government on Monday (Feb. 6).
B.C.’s Lt.-Gov. Janet Austin told the Legislature that the BC NDP’s government’s budget surplus of $5.7 billion ents. They purchase groceries, arrange transportation, accompany them to appointments, pick up medications and so much more. Many aging parents live on their own and need some help. won’t be there next year as economists are predicting a global slowdown in the face of inflation and other forces.
If the person with the impairment is in the lower income demographic, they may transfer some or all of their disability amount to the supporting family member.
It is worth a phone call to discuss your situation. If we don’t think you will qualify, we will tell you. SOS Supportive Options & Solutions is located locally, but serves all of Canada. To learn more, call 250-674-2416 or email sosdtc123@gmail.com. Our website is at disabilitycreditsos.ca.
By law, surplus money not spent by March 31 must go toward B.C.’s debt.
“Some say we should respond to a downturn by pulling back, reducing services or by making people pay out of pocket for health care,” Austin said, arguing that would only reduce support for people who are only now finding their footing after the pandemic’s impacts.
The speech promised “record new investments” in public health care, housing for middle-class families and public transit.
The speech also noted money will be spent on public safety, while helping to reduce the cost of living for ordinary British Columbians. While the speech painted a broad picture by design, many sections of it lacked specific timelines and often repeated already announced measures, which so far have totalled $1 billion.
SPORTS: MARTY HASTINGS
Phone: 250-374-7467
Email: sports@kamloopsthisweek.com
Twitter: @MarTheReporter