When Charlottetown PEI couple Bob and Donna DesRoches received their 2012 tax notice, they never imagined that they would be facing a raise more than what their pensioned income could afford. With the cost of owning a home ever on the rise, elderly homeowners especially are having to tighten their already-tight financial belts.
For many seniors who wish to remain in their homes as long as possible, the cost of homeownership is coming at odds – and in the Desroches’ case, surpassing – the limited budgets defined by their pensions. Instead of basing taxation on the consumer price index, the DesRoches are supporting a freeze tax for seniors – something the provincial government is reluctant to pursue. Currently, should elders find themselves in a position unable to pay their taxes their only option, according to PEI Finance Minister Wes Sheridan, is to seek deferral of payments – which would be in effect until the sale of the house.
The InTouchLink software on the other hand can provide some relief to your pocketbook. Simple email, webcam option and web browsing are some of the great features available for elderly users, allowing for a fun, safe and easy-to-use online experience. Have very little to no experience with computers? No problem! In fact, why not see just how easy and cost effective InTouchLink can be by signing up today for a free trial!