Tax CreditThe Government of Canada will provide a tax credit on amounts of up to $500 paid by parents to register a child in an eligible program of physical activity. The credit applies to children up to 16 years of age.
Eligible programs include supervised children's programs that have a significant physical activity component such as soccer, hockey, ballet and volleyball. Programs must be at least eight weeks in duration at a minimum of one session per week. Camps such as Sports Camp must be at least five consecutive days.
Recreation & Culture has many programs eligible for this tax credit. Let's encourage our children to lead healthy active lives!
For more information on teh Children's Fitness Tax Credit, please visit www.cra-arc.gc.ca/fitness. |