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27 Mar, Monday
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Montreal Families

Government doubles children’s fitness tax credit

The federal government announced that it will be doubling the amount parents can claim as a Children’s Fitness Tax Credit for the 2014 tax year, from $500 to $1,000.

“Everyone has heard the saying: ‘It doesn’t matter whether you win or lose, it is how you play the game,” Prime Minister Stephen Harper said. “But what’s even more important for our government is that kids get a chance to play in the first place.”

The amount claimed covers costs of registration or membership to a number of prescribed programs and applies to children under 16, or children with disabilities under 18.

For more information, visit the Canada Revenue Agency at cra-arc.gc.ca.

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