Opportunity to Provide Feedback on CRA’s New DTC Form

INFORMATION RECEIVED FROM THE CANADA REVENUE AGENCY FORM T2201: DISABILITY TAX CREDIT CERTIFICATE We need your feedback. Last year, the Canada Revenue Agency held in-person and online consultations regarding the disability tax credit (DTC) program. Based on comments received,...

The Disability Tax Credit has Improved its Application Form

The Disability Tax Credit (DTC) is the gateway to the Registered Disability Savings Plan. If you have not applied for the DTC before, or you need to re-apply, you will see that the application form has changed. Good news!...

RDSP Family Member Allowance Extended to 2018

Registered Disability Savings Plan – Legal Representation Canada’s Budget 2012 introduced a temporary measure to allow a qualifying family member (i.e., a beneficiary’s parent, spouse or common-law partner) to become the plan holder of a Registered Disability Savings Plan...

Tax season 2015: The disability tax credit and the push for fee limits—CBC News

Efforts underway to regulate consultants and improve the application process Mention the term “disability tax credit” to some people, and you’ll get an earful. It’s not worth enough, some say, or applying for it is too complex, or the...

PLAN Urges the Federal Government to Make RDSPs Safe from Creditors

PLAN Letter to Paul Halucha, Director-General, Marketplace Framework Policy Branch, Industry Canada Re: Exempt RDSP Assets from Insolvency Proceedings   Dear Mr. Halucha, Twenty-five years ago, Planned Lifetime Advocacy Network (PLAN) was started by a group of families who had a single...

Would You Like to See RDSPs Protected from Bankruptcy?

PLAN would! And we have until mid-July 2014 to do something about it. Industry Canada is currently conducting a public consultation on the Bankruptcy and Insolvency Act – and in the discussion paper, a proposal has been made to exempt RDSP...

Case Studies in Social Innovation: RDSP—MaRS

The Registered Disability Savings Plan (RDSP) is a registered savings tool that is designed specifically for people living with a disability who are planning for better financial stability. This short profile is part of a recurring series on Ontario’s case studies in...

A Thank You to Minister Flaherty

Planned Lifetime Advocacy Network (PLAN) expresses our sincere and deep appreciation to Jim Flaherty for his enduring efforts as Finance Minister to launch and advance the world’s only Registered Disability Savings Plan. Over 12 years ago, PLAN secured funding...

Too many hurdles to disability savings plan, Senate committee says—Jordan Press—Ottawa Citizen

OTTAWA — The Senate’s banking committee says the federal government has to do more to remove hurdles for Canadians to start aRegistered Disability Savings Plan (RDSP), and do a better job of advertising the under-utilized program. Issues with the six-year-old...

RDSP Improvements from Budget 2012 Come Into Effect

Budget 2012 proposed a number of improvements to the RDSP, most of which have not come into effect until two days ago, on January 1, 2014. The changes are: Investment income earned in an RESP is now allowed to...