National Benefit Authority

Yes, I did gather that from abilitytax.ca

Although they charge 20% for recovering DTD none-refunable credit, at least they
were honest enought to tell I wouldn't qualify.

They also said, I might qualify for RDSP!

Accoding to them and if qualify for RDSP, the government can provide grants towards it.

Can anyone provide how this work?

I have few qustionss:
Is RDSP being open through Fed or banks
Can we earn interest on that? Usually banks are very cheap when it come to interest
Must I contribute before government can give?

Several RDSP calculators are being offered on web but way much too complex!
Which RDSP calculators can I use for someone that has none taxable income and are single (not married)?

So far I've found none!

Regards

That is right , Rex, All i did was apply on my own and i got it and i got it for the preceding 10 years. Also for the first time i got it , it was good for three years ahead then after that i just filled out the form from CRA website and they approved it from 2009 and following years which means i got it until they decide i need a review. It was actually really easy and CRA was very helpful. Better to do it on your own because all these other companies are like leeches , its all about money and are they not under investigation by CRA for fraud??
Navrat out

DO NOT APPLY WITH THESE PEOPLE!!!! This is a scam, IMO!. If you are disabled and meet CRA criteria, all you have to do is print off the T2201 form from the website, have it filled out by your doctor and send it in. If you do it during the year it can take a few weeks to process, or you can submit it when you do your taxes but it delays your return. All it does is allows you to claim a certain amount of your earnings, but so far all I've ever received is roughly $2000 back on my return. In fact my return this year was only $1600 with the disability amount AND I claimed my kids instead of my wife or my return would have been less than half this amount. Also, it is not for life. I was initially approved in 2008, but when I received my return this year, it stated that I had to submit a new form to to eligible next year.

So let's be clear, you do not get a huge check every year just because you are disabled, all it does is reduce your taxable earnings. And if you submit your paperwork on your own, you do not have to pay anyone 30%, since this is YOUR money. We get screwed over enough by the Government, let's not screw ourselves out of money as well.

Teentitan,

I thank you your very descriptive details on NBA
I too phoned them yesterday and let hope it works!

1) I've read "RC 4064" from CRA and according to them disability tax credit is as "none refundable credit, how can NBA claim to give a sum amount by check or similar?

2) if I am approved by NBA and since I will be able claiming that each year on income, will this treated as "non refunable credit"? If so, then I think going through NBA each year is the way to go. Would you think?

Regards

As you may have seen on the main VVi board there is a company offering their services to help disabled vets get tax breaks from Canada Revenu Agency called The National Benefit Authority. Their website can be found at www.thenba.ca once on their homepage click on "disabilities" in their header and a list of disabilities show up that they do.

Tony Dwyer called and got the following info:

I contacted the National Benefit Authority this morning (1-888-389-0080) and here is how the conversation went:


1. First they take some basic information about the client (no SIN number or anything like that)
2. They ask for the family doctors name, or the name of where "your" disability information is located
3. An information package is mailed, takes about 20 minutes to fill in
4. They go to work on obtaining disability tax credits from Revenue Canada.
5. Prior to filing any claims, they will first inform you of how much they feel you are entitled to receive (thats a nice piece of information to know going forward. Normally, a person would not know the approximate amount they are entitled to receive, but in this case, they DO give you an idea of what they will be seeking for you)

Here is how payment works:

1. with your application fee, the client sends in $25.00 to start the file.
2. If successful in obtaining benefits for the disabled person, then they receive 30 percent. Sounds like a lot, but you have to understand that if a disabled person is approved for 10,000 in tax benefits, then you can expect to receive a tax free lump sum payment of 7000 dollars. The process takes 4 to 6 months to approve, so anything submitted today will take until June to resolve. Not bad when you consider that this service is not advertised by Revenue Canada. IN ADDITION, the client now has this disability credit approved for life and can claim it each year on income tax.
3. Note: if you do not pay them their 30% you will be penalized 2% interest per month.


I called the Canada Revenue Agency (CRA) on another topic and casually brought up this offer. The CRA rep told me that an individual can do the same thing the NBA is offering by going to www.cra.gc.ca and in their search box type in "RC 4064". It is a new booklet of disability information/medical information that an individual can claim on their taxes. I read it over and it is a worthwhile read for everyone.

Also if you are not sure if you or a family member qualifies for a medical tax break you can type in the search box "persons with disabilities" and a questionaire pops up. This is also a new questionaire and if you go all the way to the end it tells you what forms to fill out to send in with your taxes after your family doctor/specialist fills out their form for you.

PLEASE NOTE: If you or your spouse has a severe injury go to www.cra.gc.ca and in the search engine type out "T 1013". This is the "Authorized Representative" form. Fill it in, sign it and send it into the address shown and you will now be able to have the authority to take care of your spouse's taxes.