Children’s Fitness Tax Credit
The Government of Canada proposes to allow, starting in 2007, a non-refundable tax credit on eligible amounts of up to $500 paid by parents to register a child in an eligible program of physical activity.
The proposed children’s fitness tax credit will allow parents to claim a maximum of $500 per year for eligible fees paid for each child who is under 16 at any time during the year. As with most other non-refundable tax credits, the credit is calculated by multiplying the eligible amount by the lowest marginal tax rate (15.5% in 2007).
You can only claim fees that are related to the cost of registering a child in an eligible program of physical activity. For more information about the criteria for eligible programs of physical activity, click here.
Click here for more Information for parents
Children’s Tax Credit Eligibility checklist for Organizations
Please contact the Registrar of the Prince George Ringette Association to receive your 2008/2009 registration fee receipt.
Karen Nicklen - Registrar
Phone: 964-4425
Email: karennicklen@shaw.ca
