Will Canada tax disability benefits?
As part of the it’s 2024 economic statement the Department of Finance has proposed important changes to the Income Tax Act that many were pleased to see.
If passed, Canadians won’t be taxed on the newly announced $2400 Canada Disability Benefit (CDB) which is intended to provide up to $2400 each year for low-income, working age Canadians who are eligible for the Disability Tax Credit.
This hoped for exemption, which means this income will not need to be reported on a person’s annual tax return, was expected to begin in July 2025. However, given the current situation in Ottawa, it’ now unclear when, or if, the new rules will be enacted. Current rules suggest that CDB payments received are taxable which means that, for many, reductions to other benefits will occur.
According to the announcement, these non-taxable benefits could potentially mean an extra $900 per couple who qualify for the Disability Tax Credit.
Other changes that did get passed relate to Bill C-47. This law taxes income streams from websites and apps used to earn freelance or contract income if applicable.
Source: canada.ca
A guide to vaccines for older adults
Today there is a lot of real and fake information circulating about vaccines and their value. In response, the National Institute on Ageing (NIA) has released an updated version of its informative resource: A Guide to Vaccines for Older Canadians in which it provides recommendations and information about new and updated vaccines. In it, experts remind us of the importance of vaccines as we age because they help prepare our weaker immune systems for new bacteria and viruses that may pose greater risks.
Written specifically for older adults and their family members who want to stay safe and healthy, The Guide covers the history of vaccines and their importance the fostering of longevity and healthy aging. It also provides helpful and accurate details on latest vaccines for COVID-19, Influenza, RSV, Pneumococcal (Pneumonia), Shingles, Tetanus and Diphtheria.
Consumers will also find the Public Health Agency of Canada’s most recent recommendations on immunization for older adults. The document is available in 18 languages and is a must review for both individuals, caregivers and health professionals.
Source: niageing.ca/vaccines
Safer cruising with Menu Mate
With cruising becoming an increasing popular vacation option for travellers of all ages, onboard Chefs have become more flexible and accommodating when it comes to food options.
Today, most are ready to provide guests with meals suited to their dietary needs and preferences but Carnival, the world’s largest cruise line, has gone one step further. To keep its’ passenger’s dining experiences safe Menu Mate, an innovative food ingredient program, has been introduced on all of Carnival’s cruise ships.
Designed to support people with food allergies, diabetes and gluten free diets as well as many others, like low cholesterol, vegan and vegetarian, Menu Mate operates on tough-screen tablets at every food venue that crew and passengers can use. The kitchen enters all of the ingredients for each menu item so that Menu Mate’s software can sort through the available options and present the passenger with only those dishes which are suitable or can be modified to meet their needs. The program also highlights selections to be avoided.
Source: The Street
Images: Carnival Cruise Line. CanStock. National Institute on Ageing.
