Supporting Healthy and Active Children
http://news.ontario.ca/mof/en/2010/09/supporting-healthy-and-active-children.html
September 13, 2010
McGuinty Government Introduces Legislation to Help Ontario Families
Ontario took an important step today towards creating a new, permanent Children’s Activity Tax Credit.
The province introduced legislation today that would, if passed, establish the new tax credit, which would help parents with the cost of enrolling their children in activities that encourage them to be healthy and active.
Under the proposed legislation, parents and guardians would be able to claim up to $500 of eligible expenses per child. They would receive a refundable tax credit worth up to $50 per child under 16 years of age, or up to $100 for a child with a disability under age 18.
Unlike the federal program, Ontario’s tax credit would be fully refundable to benefit all families, including those with low incomes. It would also apply to a wide range of activities including sports, arts and other cultural activities.
QUICK FACTS
• If passed, the Children’s Activity Tax Credit would be the only such tax credit in Canada provided for a comprehensive range of children’s activities.
• This tax credit would apply to any eligible expenses incurred on or after January 1, 2010.
• This new tax credit would provide families about $75 million each year and would benefit more than 1.8 million children in about 1.1 million Ontario families.
LEARN MORE
• Learn more about the proposed Children’s Activity Tax Credit here.
• Read about the positive effects of children’s involvement in organized extracurricular activities here.
• Read more about how tax changes are benefiting Ontario families here.
CONTACTS
For public inquiries call
1-800-337-7222
Ministry of Finance
ontario.ca/finance
