When tax time comes around, it’s easy to leave money on the table if you’re not aware of all the credits and benefits available to you. Many families and seniors in BC qualify for programs that can put real dollars back in their pocket, yet they often go unclaimed simply because people don’t know they exist.
Let’s take a closer look at some of the most overlooked tax credits and benefits. Even if you think you’ve got your taxes figured out, you might discover a new way to save.
1. BC Family Benefit
Raising kids isn’t cheap, and the BC Family Benefit is here to help. This provincial program supports low- and moderate-income families with children under 18. The amount you receive depends on your income and number of kids, and payments are delivered monthly.
Even if you think your household income is “too high,” it’s worth checking—you might still qualify.
Learn more about the BC Family Benefit.
2. Canada Child Benefit (CCB)
Most parents know about the CCB, but it’s surprising how often it gets missed during big life changes. Whether you’ve recently had a baby, adjusted custody arrangements, or moved provinces, you need to update your information with the CRA to keep receiving the right amount.
Think of the CCB as an evolving benefit—if your family situation changes, so should your benefit.
Learn more about the Canada Child Benefit.
3. Home Accessibility Tax Credit (HATC)
For seniors or those caring for elderly family members, the HATC is one of the most practical credits available. It covers eligible renovation costs that make a home safer and more accessible—things like ramps, grab bars, and walk-in showers.
If a renovation helps reduce the risk of falls or improves mobility, it’s worth checking if it qualifies.
Learn more about the Home Accessibility Tax Credit (HATC).
4. Medical Expense Tax Credit
This is one of the most underused credits because people don’t realize how broad it is. Sure, prescriptions and dental work count—but so do travel expenses for medical appointments, certain home care services, and even gluten-free products if you have celiac disease.
If you’ve spent money on health-related needs, don’t assume it’s not claimable. A quick check could turn receipts into savings.
Learn more about the Medical Expense Tax Credit.
5. Pension Income Splitting
For many retired couples, pension income splitting is a game-changer. It allows you to transfer up to 50% of eligible pension income to your spouse or common-law partner, potentially lowering your combined tax bill.
Even small shifts in income can add up to significant tax savings—worth a second look if you’re retired.
Learn more about Pension Income Splitting.
6. Disability Tax Credit (DTC)
This credit helps individuals with disabilities—or those supporting them—reduce the amount of income tax they pay. Many people qualify but don’t apply because the process seems daunting. The good news? Once approved, you may also be able to claim the credit retroactively, potentially unlocking years of missed savings.
If you or a loved one lives with a disability, it’s worth the effort to apply. The impact can be substantial.
Learn more about the Disability Tax Credit (DTC).
Bonus: Other BC-Specific Credits You Might Be Missing
Beyond the major ones above, BC also offers a few extra benefits that often slip under the radar:
● BC Climate Action Tax Credit – A quarterly payment to help offset carbon tax costs.
● BC Sales Tax Credit – Helps low- and modest-income residents with the cost of PST.
Don’t Leave Money on the Table
At the end of the day, tax credits and benefits exist to make life a little easier—but only if you know they’re there. Taking time to review what you qualify for could mean hundreds (or even thousands) back in your pocket.
So before you file, pause and double-check: Are you claiming everything you’re entitled to?
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