4 Tax Tips for Naturopathic Medical Expenses

1. Naturopathic Tax Deductibility

Naturopathic medicine is tax deductible.

Both federally and provincially.

No special forms required.

Just save those receipts!

Can it really be as simple as deducting your total naturopathic medical expenses for the year?

Yes!

But also no.

In that it depends on your definition of "year".

2. Optimizing Naturopathic Tax Benefits via Medical Expenses Period

And you thought a year was January 1 - December 31!

Ha!

The CRA is not bound by such Gregorian conventions.

In fact, you are free to claim all eligible naturopathic medical expenses for any 12-month period ending in this tax year that you didn't already claim in the last one.

So you aren't penalized for having medical expenses disproportionately distributed throughout the year.

You can instead receive the best naturopathic treatment for you - whenever you need it.

Come tax-time, the 12-month period can be selected to best optimize your medical expenses.

3. Naturopathic Tax Benefits for Families

You can receive naturopathic tax benefits - even if you've never seen a naturopathic doctor in your life!

How is that possible?

By claiming the medical expenses of your spouse and your dependants - children, parents, and extended family members alike - on your return.

Careful, though.

The tax credit is progressive, decreasing slightly as net income increases.

So it's often optimal for the family member with the lowest net income to claim for all members.

4. Naturopathic Tax Benefits for Self-Employed & Businesses

Naturopathic medical expenses are even more valuable for the self-employed and businesses.

Self-employed individuals, partnerships, and corporations alike have means to deduct medical expenses as business expenses.

A Private Health Services Plan (PHSP) provides tax-free financing of medical expenses for sole proprietors, partnerships, corporations, and their employees.

Such naturopathic tax benefits are, in my experience, typically in the thousands to tens-of-thousands of dollars.

And they rise with income.

With no limit.

Providing an unparalleled level of naturopathic tax incentives.

 

Stay tuned for more tax tips for naturopathic medicine!

 

Naturopathic Medicine & Homeopathy Testimonials

I truly believe that, without Andy's homeopathic remedy and the neuroemotional work we did, I wouldn't have come back from my thyroid cancer.

I've been cancer-free for almost a decade now.

I also used to have to avoid cell phones and X-rays because they would make me feel like crap and affect my bowels, but am not so sensitive to radiation now thanks to the homeopathy.

James L, Delta (North Delta), BC

Andy responded so compassionately to my nephew's diagnosis of this life threatening and shocking skin disease, and quickly found the remedy that miraculously turned the disease around.

You could actually see the lesions disappearing and within hours he was on the road to full recovery.

Thomas Schell, Nova Scotia / New Brunswick

We were all very scared for my daughter before we took her to see Dr Andy.

She's so sensitive, she can be really loving and warm.

But she would also feel completely abandoned, ashamed and hurt from even small things.

It had gotten so bad that she had started cutting, drinking, using drugs to cope.

Dr Andy's homeopathy remedy seemed to make something shift in her.

I think the mental-emotional releases and perhaps the bowen therapy also helped.

It was hard to see the changes day-by-day at first, but the difference between the way she is now and how she was a few months ago is obvious to all of us.

She's still as loving and kind as ever, but the negative emotions don't affect her so much.

And the best part is that she hasn't tried to hurt herself in months and her moods seem much more stable overall.

B.E., Delta (Ladner), BC

Multiple car accidents caused me to have less mobility and huge pain and stiffness in my neck, face and jaw.

I'd get super dizzy every couple of days, and have to go throw up.

My lymph nodes were always swollen too, and I got throat infections much more often.

I felt so tightly wound at work and in my marriage too.

The homeopathy, bowen therapy and neuroemotional releases all made my neck relax, and the pain started to go away too.

I've been pain-free for months, and have finally been able to drive without fear again.

Amanda R, Maple Ridge / Pitt Meadows, BC

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