Ontario Children’s Activity Tax Credit

03/27/2011

Did you know that Ontario announced in the Fall of 2010 a new Ontario Children’s Activity Tax Credit?

This allows parents who have a child enrolled in eligible activities to claim up to $500 in eligible expenses and get back up to $50 for each child under 16 or $100 for a child with a disability who is under 18.

For additional details view the information found on Ontario Ministry of Finance website or speak with a Tax advisor.