CHILDREN'S ARTS TAX CREDIT
Parents will be able to claim the 15-per-cent non-refundable Children's Arts Tax Credit on up to $500 of qualifying expenses per child incurred in 2011 and future years for a child who is under age 16 at the beginning of the tax year. The age limit will be 18 for children eligible for the Disability Tax Credit, and an additional $500 amount will be provided in those instances.
To qualify for the Children's Arts Tax Credit, a program must be:
- ongoing (either a minimum of once a week for at least eight weeks' duration, or five consecutive days);
- supervised; and
- suitable for children.
Registration costs for participation in an eligible artistic, cultural, recreational or developmental program not covered by the Children's Fitness Tax Credit may be claimed under the Children's Arts Tax Credit.
Fees charged for programs that form part of a school's curriculum will not be eligible.
EXAMPLES OF ELIGIBLE ACTIVITIES
Art | Languages | Public speaking |
Chess | Music | Scouting |
Crafts | Painting | Sculpture |
Drama | Photography | Sewing |
Girl Guides | Pottery | Tutoring |