LLS Financial Services Inc

HIGHLIGHTS OF CHANGES - FEDERAL

Scholarships, fellowships, bursaries, and artists' project grants exemption - The eligibility for the exemption has been enhanced under certain conditions to include scholarships and bursaries received for occupational skills courses that are not at the post-secondary level.

Canada caregiver amount - The Canada caregiver amount has replaced the family caregiver amount, the amount for infirm dependants age 18 or older, and the caregiver amount. You could be entitled to claim this amount in the calculation of certain non-refundable tax credits if the person you are making the claim for has an impairment in physical or mental functions.

Tuition, education, and textbook amounts - As of January 1, 2017, the federal education and textbook amounts have been eliminated. The eligibility criteria for the tuition amount has been enhanced under certain conditions to include fees paid for occupational skills courses that are not at the post-secondary level.

Medical expenses - Individuals who need medical intervention to conceive a child are eligible to claim the same expenses as individuals with medical infertility. You can also request an adjustment to claim such medical expenses on any income tax return for the 10 previous calendar years.

Donations and gifts - A gift of ecologically sensitive land cannot be made to a private foundation after March 21, 2017. There are also a number of changes to the Ecological Gifts Program. For more information, see "Gifts of ecologically sensitive land," in Pamphlet P113, Gifts and Income Tax.

Public transit amount - As of July 1, 2017, this amount has been eliminated.

Children's arts amount - As of January 1, 2017, this amount has been eliminated.

Children's fitness tax credit - As of January 1, 2017, this credit has been eliminated.

Disability tax credit (DTC) certification - As of March 22, 2017, nurse practitioners have been added to the list of medical practitioners who may certify eligibility of a person for the DTC.

HIGHLIGHTS OF CHANGES - ONTARIO

Ontario tuition and education tax credits - are being discontinued. Ontario students will still be able to claim the tuition amount for eligible tuition fees for studies before September 5, 2017. They will also be able to claim the education amount for months of study before September 2017. Students will continue to be able to carry forward unused amounts to claim in future years.

Ontario caregiver amount - replaces the amount for infirm dependants age 18 or older and the caregiver amount. You may be eligible to claim the Ontario caregiver amount if you have an eligible infirm relative age 18 or older, regardless of whether he or she lives with you.

Medical expenses - involving the use of certain reproductive technologies will be eligible for Ontario's medical expense tax credit.

Ontario seniors' public transit tax credit provides eligible seniors with a refundable tax credit equal to 15% of eligible public transit costs starting July 2017.

Ontario children's activity tax credit - this refundable tax credit has been discontinued for 2017 and later tax years.

Ontario healthy home renovation tax credit - this refundable tax credit has been discontinued for 2017 and later tax years

Ontario apprenticeship training tax credit - this refundable tax credit has been discontinued. Only eligible expenditures for apprentices who started apprenticeship programs before November 15, 2017, can be used in calculating the credit.