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

Distance had been created between myself and my wife - in our sex life and our marriage in general - when I came to see Dr. Somody. The naturopathic counselling and homeopathic remedy quickly helped me to overcome my ejaculatory control issues. and my marriage and sex life are doing good now.

Brian C., Port Coquitlam, BC

After Dr. Andy 's treatment, my  skin stopped itching almost immediately, and the dry, inflammed irritated areas were cured very quickly!

I'm no longer bothered at all by dry, itchy, inflammed eczema or psoriasis!

My anxiety, fever, sinusitis, and sleep all got and stayed healed since Andy's remedy.

Erika A., Richmond, BC

According to my most recent lab tests, my MD said my diabetes is so well controlled it's like I don't even have diabetes anymore! I definitely feel much better, and am able to eat all my favorite foods again without my blood sugar spiking like it did before your naturopathic and homeopathic treatment. Even my daughter is doing much better, gaining weight and hitting her development milestones, since I've finally been able to breastfeed her without pain. Thank you for everything!

V. Chu, Richmond, B.C.

Andy's bowen technique cured the laryngitis and acid reflux I used to get for years.

His neuroemotional work (NET) made my cough and depression almost totally cured too.

Kate R, West Vancouver (Caulfield / Horseshoe Bay), BC

My jaw and tooth pains used to be constant, but have gone away almost totally since the homeopathy treatment. The migraines were so intense before that they made me miss work; they're 90-95% better now. My blood pressure is normal for the first time in years too.

A.K., West Vancouver, BC

I can see much better than I have in years thanks to Dr. Andy's homeopathic treatment.

Anna, Vancouver (Dunbar-Southlands), BC

Hannah is doing REALLY well - straighter then I have seen her in a while - NO spasms - and even her arm is better!!

She has been using ONLY homeopathy and Bowen to battle a crippling disease, Torsion Dystonia.

Her response has been baffling to neurologists and traditional doctors who are amazed and astounded at her ability to walk, run and carry on normally in life.

Andy's assessment and ability to relate to my teenage daughter were wonderful and her reaction to the remedies and treatment has been so positive.

Hannah Schell, Ottawa, Ontario

My meniere’s disease, including the vertigo and nausea, went away after I was treated by Dr. Andy’s remedy, and the recurrences have become increasingly less frequent and intense. I've been doing so well that I haven't needed treatment for months!

F.L., Richmond, BC

I don't know how but your homeopathic technique and neuroemotional work brought colour to my life again.

The voices stared going away after the first session and I don't feel so numb, dead or ambivalent all the time now.

I'm also not so worried or paranoid and can actually relax and be comfortable around people.

I don't feel so irritable or anxious all the time and I'm even not so clumsy or accident prone now.

B.W., Victoria (Saanich), BC

I didn't think alternative medicine, naturopathy or homeopathy could make my eyes better, but they are!

Not perfect yet, but getting better with every treatment.

My back pain is also much less with the Bowen Therapy.

And the homeopathy, neuroemotional releases and biofeedback have also helped me lose 35 pounds and keep it off.

Dave Smith, Maple Ridge, BC

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