Did you know? Children’s Arts Tax Credit

Did you know about the Children’s Arts Tax Credit?

Children’s Arts Tax Credit (CATC)

For the 2011 tax year, families who have enrolled their children in a range of developmental activities, including tutoring in academic subjects (such as Kumon) can benefit from the Children’s Arts Tax Credit.  When filing 2011 personal income tax returns, parents will be able to claim up to $500 of eligible expenses and receive a non-refundable tax credit of up to $75 per child under the age of 16 or under the age of 18 with a disability. For more information, please go to: www.cra-arc.gc.ca/gncy/bdgt/2011/qa01-eng.html.

Expenses paid for the cost of Kumon monthly tuition and registration qualify for this credit.

If you have any questions, please contact us.