Rebate for Canadians
How do you and the government share the cost for your new hearken heraing aid?
You purchase the Hearken hearing aid for $792.00 U.S.
By completing the 'How to order' section and paying Pay Pal with you credit card. The cost in Canadian dollar is approximately $950.00
| The Government Contribution | |
| The Canadian Disability Tax Credit | $1,033.50 + |
| The Canadian Medical Expense Tax Credit | $285.00 ** |
| Total | $1,318.50 |
Your net out of pocket costs are total government contribution (which you receive when you file your income tax) less your purchase price.
Your net out of pocket costs are less than the contribution you receive from the government. Your net gain on the transaction is $368.50
*Based on a U.S. dollar exchange rate of 20% which converts to $950.00 Canadian.
+You request your family physican to complete the Canadian disability tax credit. This completed form is included in your filing your income tax. This in non-refundable tax credit of $6,890.00, which effect reduces your tax payable by 15% or $1,033.50
**Based on a typical income tax rate of 30%. Your actual income tax rate depends upon your income, personal exemptions, and province of resident. If your income tax rate is higher than 30%, then your medical expense tax credit may be greater.
Try using our hearken heraring aid now and begin to enjoy improved listening from clearner voices and clearer sounds.
Now you can see how you can have your own H85 hearing aid and enjoy communicating with your family, friends and associated again. Buy one today and enjoy better quality living safely. You have worked hard all your life and now you can have better hearing to enjoy.
Canadian Tax Credits
The Canadian disability tax credit compensates you for your hearing impairment by reducing your income tax payable. To qualify, you must complete form t2201 Part A. Your doctor must complete form t2201 Part B, pages 3 and 9. For complete information, contact Canada Revenue Agency at www.cra-arc.gc.ca/disability or 1-800-959-2221.
Revenue Canada also allows you to deduct the cost of your hearing aids as a medical expense, for the taxation year in which you purchase the hearing aid(s). If your expenses are greater than the limit, then you are allowed to carry the excess forward for 5 years. Assuming you purchase a pair of hearing aids specially priced at *$1,699.00 CAD, and have an income tax rate of 30% (which means the government gives you a deduction of $509.70). And if you have a higher income tax rate, then you have a higher deduction.
The cost of hearing aid batteries is 100% deductible from your income.
Special offer only available to residents of Canada
The objective of this special offer is to effectively lower the very high cost of your hearing aids. If you are in the same position as most Canadian residents, you are excluded from special benefits offered by government or private industry. Thus, your only option is to pay the very high prices, which most residents cannot afford and you and your loved ones are deprived of the necessity and the enjoyment of hearing adequately and participating in conversations. You are unable to participate in the benefits of the quality of life you worked so hard to attain.
How can we make these savings for you?
- Hearken Hearing Health Inc. is offering you this high-quality hearing aid until the last day of June 2009 (or while supplies last).
- The government of Canada provides a disability tax credit for your hearing disability, and allows you also to deduct a portion of the cost of your hearing aids from your income tax.
Combining these two benefits, your hearing aids become very affordable.
