Children Fitness Tax Credit – 2015 Changes

In October 2014 the Conservative government announced the following changes to the federal Children Fitness Tax Credit (CFTC) program commencing in 2015:

  • the maximum that can be claimed under this program is $1,000 (previously $500).
  • the tax credit is now refundable

Therefore parents may receive a refund of 15% of the amount claimed under the program up to a maximum of $150.

For more information on the CFTC program please visit the Canada Revenue Agency’s website.


Posted on October 31, 2014, in In The News, Personal Tax. Bookmark the permalink. Leave a comment.

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