Atlas Tax Consulting, Guelph, ON

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Changes for 2018 Tax Year 

 
Canada caregiver credit

This non-refundable tax credit replaces the family caregiver credit, the credit for infirm dependants age 18 or older, and the caregiver credit. It gives tax relief to eligible individuals who have a spouse or common-law partner, or a dependant, with an impairment in physical or mental functions.


Disability tax credit (DTC) certification

Nurse practitioners across Canada can now certify the application form for the DTC.

Medical expense tax credit

If you need medical intervention to conceive a child, you may be eligible to claim certain expenses even if you do not have a medical condition. These expenses are the same as those that would generally be allowable for individuals who have a medical condition. If you had fertility-related expenses for any of the 10 previous calendar years and you have not claimed them, you can request a change to your income tax and benefit return(s) to include these eligible expenses.

Tuition, education, and textbook credits

As of January 1, 2017, the federal education and textbook credits were eliminated. However, you can still carry forward unused amounts from previous years. Also, with certain conditions, you may now be able to claim the tuition amount for fees you paid to a post-secondary educational institution for occupational skills courses, even if they are not at a post-secondary level.


Children’s credits

As of January 1, 2017, the children’s arts tax credit and children’s fitness tax credit were eliminated.

Public transit tax credit

As of July 1, 2017, this credit was eliminated. For this tax year, you can claim the cost of eligible public transit expenses only for travel taken from January 1 to June 30, 2017.