Tax Tip #1 – Child Fitness Tax Credit in Ontario

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In 2010, the Ontario Government introduced a tax credit similar to the Federal  Children’s Fitness Credit for children under the age of 16.   However, Ontario has expanded the range of eligible activities and includes music lessons, language lessons, drama and choir in addition to those eligible for the Federal program.  You can claim up to $500 of eligible expenses,  and would receive a refundable tax credit worth up to $50 per child or $100 for a child under 18 with a disability.

So gather those receipts and don’t forget to claim it on your tax return!

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Juliet Aurora

About the Author:

Juliet Aurora is the President and CEO of AIS Solutions. She has been in the Accounting and Finance space for more years than she will ever admit. When she isn’t acting as the Sensei for her team of Bookkeeper Ninjas, you will find her working tirelessly to advocate the accreditation of bookkeeping in Canada. Her vision is for AIS Solutions to become the standard against which all other bookkeepers and bookkeeping firms are measured. Juliet can be contacted by email or by calling 1 888 575 5385.
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