Numeracy Accounting Solutions

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Freelancers – your books shouldn’t be a mystery! We make tracking expenses and income stress-free.

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📢 Important update for small businesses: The Canada Carbon Rebate for Small Businesses is now non-taxable for all fuel charge years.

If your T2 return was filed before June 30, 2025, and the rebate was properly reported, the CRA will generally make the adjustment automatically.

If you filed after June 30, 2025 and included the rebate in taxable income, you may need to submit an adjustment request.

Staying current with tax changes can help you avoid missed adjustments and keep your business finances on track.

Have questions about how this may affect your business? Contact Numeracy Accounting Solutions for professional guidance.

📞 905 789-8827
📠 905 790-8826
✉️ [email protected]

Missing GST/HST deadlines can lead to penalties. Let’s keep you on track with timely quarterly filings.

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Got your Notice of Assessment and not sure what it means? We can break it down for you in plain English so you know exactly where you stand.

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DISABILITY TAX CREDIT: The diagnosis is not the test. The day-to-day impact is.
Many people assume that having a diagnosis, medical condition or visible disability automatically makes someone eligible for the Disability Tax Credit. That is not how the DTC works.

The DTC is a non-refundable tax credit. Eligibility is generally based on how a severe and prolonged impairment affects basic activities of everyday life—even after appropriate therapy, medication and devices are used.

Consider these two examples:
👓 HASHIM’S EYESIGHT
Hashim has a very strong prescription. Without his glasses, he may not be able to tell whether a traffic light is red or green.

That sounds like a serious limitation—but the vision test considers his eyesight after correction. If his glasses allow him to see comparably to someone his age and his corrected vision does not meet CRA’s specific visual-acuity or field-of-vision thresholds, he would not qualify in the vision category.

The question is not simply, “How well can you see without your glasses?” It is, “What limitation remains after appropriate correction?”

🦿 AMPUTATION AND WALKING
Now consider a woman whose leg was amputated. The amputation itself does not automatically determine DTC eligibility.

However, if—even with an appropriate prosthesis, cane, therapy or medication—she is unable to walk or generally takes at least three times longer to walk than someone of a similar age without the impairment, and this restriction is present generally 90% or more of the time for at least 12 continuous months, she may meet the walking criteria.

The important point is the effect on everyday function, not simply the name or visibility of the condition.

DTC ELIGIBILITY CATEGORIES
• Vision
• Speaking
• Hearing
• Walking
• Eliminating—bowel or bladder functions
• Feeding
• Dressing
• Mental functions necessary for everyday life
• Life-sustaining therapy
• Cumulative effect of significant limitations

WHAT DOES “MARKEDLY RESTRICTED” GENERALLY MEAN?
For many categories, it means that—even with appropriate therapy, medication and devices—the person is unable to perform the activity or generally takes at least three times longer than someone of a similar age without the impairment.
The restriction must generally be present at least 90% of the time and must have lasted, or be expected to last, for a continuous period of at least 12 months.

WHAT IF TWO OR MORE LIMITATIONS WORK TOGETHER?
This is often misunderstood. It is not simply “two conditions that affect you 50% of the time each.”

Under the cumulative-effect rules, significant limitations in two or more eligible categories must exist together all or almost all of the time—generally at least 90%. Their combined effect must be comparable to being unable, or taking at least three times longer, in one category.

Life-sustaining therapy has its own criteria and is not included in the cumulative-effect test.

DON’T DELAY THE APPLICATION
The DTC application requires Form T2201 and certification from an appropriate medical practitioner. The practitioner describes the effects of the impairment, but CRA makes the eligibility decision.

The application and any resulting reassessments can take time. If CRA approves eligibility for earlier years, tax returns may potentially be adjusted going back up to 10 years, depending on the certified eligibility period and the applicable reassessment rules.

Think you or a family member may qualify? Learn more or contact Numeracy Accounting:

https://numeracyaccounting.com/disability-tax-credit/

General educational information only. Eligibility depends on the individual facts,
medical certification and CRA’s determination.

An accountant doesn’t just file taxes, they help you grow, save, and stay compliant year-round.

Work smarter:
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Outstanding tax returns or unresolved CRA matters?

Numeracy Accounting helps individuals organize their information, prepare overdue filings and move forward with a clear plan. Whether you are missing one return or several years, professional support can make the process more manageable.

Do not wait until a proposed deadline becomes an urgent problem. Contact our team for a confidential discussion about your situation.

Contact us: https://numeracyaccounting.com/contact-us/

Falling behind on your taxes can happen. Taking the first step toward getting caught up does not have to be overwhelming.

Numeracy Accounting provides experienced, confidential and judgment-free support. We can help you organize missing records, prepare overdue returns and understand the next steps for dealing with the CRA.

The sooner you begin, the more time you have to address questions or missing information calmly and properly.

Contact us today: https://numeracyaccounting.com/contact-us/