A Quick Note About Income Tax
It’s Income Tax time again.
This is just a reminder that the procedures at Toronto Cosmetic Clinic are all classified as “cosmetic surgery” and have been designed for aesthetic improvement. According to the Canada Revenue Agency, any costs related to undergoing treatments at TCC by a medical practitioner can be claimed as a medical expense when filing your income tax return (for line 330 or 331). This is valid for those of us in Ontario.
For a complete list of what can be claimed, please visit the Canada Revenue Agency website. However, because information available may be open to interpretation, we recommend that you contact a certified accountant or the Canada Revenue Agency directly to determine whether the procedure you’ve undergone can be claimed.
June 5th, 2008 at 11:06 am
Please advice if laser hair removal is tax deductible service.
Thanks,
June 16th, 2008 at 5:56 pm
Hi Halina,
Thank you for your enquiry.
Usually, laser hair removal is not a tax deductible service since it is typically performed by our laser technicians, rather than medical practitioner.