Administered by Government of Canada · Last verified: July 2026
Federal non-refundable credit for business owners claiming medical expenses paid for themselves and dependants. For sole proprietors and shareholders of CCPCs, this covers premiums on private health plans, including dental and vision.
You claim this on your tax return, so the money comes back as a lower tax bill or a refund after you file. If you missed it in a past year, you can often still recover it by adjusting a prior return.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityMedical Expense Tax Credit (Business Owner) is generally open to incorporated, self-employed, partnership businesses, in any province or territory. Confirm the full criteria on the official program page before applying.
The estimated value is 15% federal + provincial portion of eligible medical expenses. The actual amount depends on your eligible costs, the program's budget, and approval.
Claimed on a return, so a missed year can usually be recovered by amending. How far back depends on whether you file personally or as a corporation; confirm the eligible years with your accountant.
1. Aggregate all eligible medical expenses for the year 2. Subtract the 3% of net income or annual cap floor 3. Claim on Line 33099 of your T1
Annual: claim on your T1 return.
5% to 15% back on all business expenses
TAX CREDITUp to $2,000 per apprentice per year
TAX CREDIT35% refundable for CCPCs, 15% for other businesses, on eligible R&D costs