If you have healthy kidneys and use these medicines for occasional pain, they probably donât pose a risk. But Dr. Simon says that if you take them for chronic pain or arthritis, you should talk to your doctor about monitoring your kidney function or finding alternative ways to control your pain.
You may transfer up to $5,000 per student, per year, in tuition fees and education credits to the studentâs spouse, parent or grandparent so that they may claim this on their return.or example, if a student incurs tuition fees of $15,000 in one calendar year and he or she has no taxable income against which to utilize the tuition tax credit, it may be preferable for the parent to claim a $5,000 tax credit, ensuring that some tax relief is provided in the year the tuition fees are incurred.
If a child is in full-time education, parents can pay for rent, tuition fees and maintenance without there being any Inheritance Tax implications. â¢ To cover the childâs rent a parent can pay the landlord or agency by direct debit or standing order.â¢ Tuition fees can be paid direct to the university.olicitor, Jagat Shah, explains how parents and grandparents, keen to help prevent university-going children and grandchildren from racking up large amounts of student debt, can give financial support whilst reducing their estates for Inheritance Tax purposes.