Children’s Arts Tax Credit
About Children’s Arts Tax Credit
To promote physical fitness among children, Budget 2006 introduced the Children’s Fitness Tax Credit, which became effective January 1, 2007. Like physical fitness, participation in artistic, cultural, recreational and developmental activities can positively contribute to a child’s development. At the same time, the costs of these activities can make them difficult for many parents to afford.
To better recognize the costs associated with children’s artistic, cultural, recreational and developmental activities, Budget 2011 builds on the Government’s record of helping families by proposing to introduce a 15‑per‑cent non-refundable Children’s Arts Tax Credit.
The credit will be available for a wide range of activities that contribute to a child’s development, and that are not eligible for the Children’s Fitness Tax Credit. The credit will be provided on up to $500 of eligible fees per child in respect of qualifying children’s programs, and will otherwise be based on eligibility conditions for the Children’s Fitness Tax Credit. In this regard, the credit will be available for children under the age of 16 years for registration costs associated with participation in qualifying supervised activities.