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

Andy helped me overcome my battles with alcohol addiction, and I don't get anymore liver pain.

The warts on my feet are gone, and I don't get the tonsillitis every winter like I used too either.

K.S., West Vancouver (Dundarave), BC

I was suicidally depressed, and had really bad sinus, head and joint pain when I came to see Andy. His homeopathic remedy and naturopathic treatment turned my life around within weeks and - more than 5 years later - I'm doing better than ever!

M.C., Vancouver (Kerrisdale), BC

A root canal I had done a long time ago was done improperly.

My cheek was swollen on one side from a painful abscess in my gum and tooth.

Andy's homeopathic remedy, neuroemotional clearings, and Bowen therapy helped this drain within hours.

I couldn't believe how much better it looked the next day!

I barely ever feel the pain anymore; and if I do, Andy's remedy seems to have made it go away everytime.

A.F., Maple Ridge, BC

My stools are more brown and normal, and my hair is less greasy now since the homeopathy and biofeedback.

The itching has gotten a lot less with the Bowen therapy we've done.

The cold sores went away and haven't come back since our first treatment months ago.

G.D., Pitt Meadows, BC

His speech impediment and drooling are not so much now since the homeopathy and the biofeedback.

He seems better able to concentrate - his teachers have even noticed a difference, and he's doing better at school.

A.D., New Westminster, BC

I passed the stone with much less pain this time thanks to your homeopathic and neuroemotional treatment.

And I haven't had any stones since.

My muscles and sciatic nerve are not so inflammed since your Bowen technique therapy.

W.B., Maple Ridge (Haney), BC

I feel like my old self again! My energy is better that it's been in years, and I haven't got sick once since I started seeing you.

Charlotte R., Vancouver (Kerrisdale), BC

The deep abscess and pustules don't bother me anymore - thank you!

My eyes and sleep are also better since the homeopathic remedy.

Katherine, Delta (Tsawwassen), BC

The TIAs and stroke had left me weak, debilitated, paralyzed and unable to take care of myself.

I had given up hope when I was referred to Dr. Andy, and honestly didn't believe his weird-looking homeopathic treatment would be of any use at all.

My wife had to convince me to give the homeopathy, neuroemotional technique and Bowen therapy a try.

I didn't notice anything at all at first, but my wife, children, and friends all told me I was speaking, moving and looking better.

I don' t know, maybe the changes happened too slowly to notice.

However, the difference is obvious even to me now.

My face, speech and movements are more symmetrical, and I am more independent and capable than I have been for a long time, even since before the stroke.

Tom E., Vancouver (West End / Downtown), BC

I want to take the time to say how much I appreciate your excellent work in improving my health.

There was something unsettled in my gastrointestinal system that my family doctor wasn't able to fix and I was suffering daily.

In less then 6 months of being in your care I was feeling better than ever.

Not only were my specific problems taken care of but I've also noticed that my overall physical and mental health are greatly improved.

I recommend your services to any of my friends, family or co-workers who have health complaints.

Colin Aspinall, Port Coquitlam, BC

Pages