Children’s Activites Tax Credits
Film Camp for Kids & Youth programs are eligible to be claimed under the Children’s Arts Tax Credit.
This means that parents can claim a non-refundable tax credit for programs that contribute to for their child’s development, but do not fall under the Children’s Fitness Tax Credit.
The following has been taken from the Canada Revenue website:
The children’s arts tax credit is a non-refundable tax credit. Non-refundable tax credits reduce your federal tax. However if the total of your non-refundable credits is more than your federal tax, you will not get a refund for the difference.
- For 2016, the maximum eligible fees in the year will be reduced to $250, but the additional amount of $500 for children eligible for the disability tax credit will not change. Therefore the maximum credit is reduced to $37.50 ($112.50 for a child eligible for the disability tax credit).
- For 2017 and subsequent taxation years, the children’s arts tax credit and the additional amount for children eligible for the disability tax credit will no longer be available.
Film Camp for Kids & Youth fits the eligibility, and tax receipts are provides to the payees that is acceptable to the Canada Revenue Agency.
For more detailed information about eligible expenses and programs, please visit: