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Children’s Fitness Credit Information

May 23rd, 2009 No comments

I have taken the following information from the Canada Revenue Agency. It  may be helpful for you when deciding what activities you may want to enroll your child or children in. Physical activities are not only great from a fitness perspective but can also be rewarding with accomplishments. Remember to keep your receipts.

 

 You can claim to a maximum of $500 per child, the fees paid in 2008 that relate to the cost of registering your or your spouse’s or common-law partner’s child in a prescribed program of physical activity. The child must have been under 16 years of age or under 18 years of age if eligible for the disability amount, at the beginning of the year in which an elibigle fitness expense was paid.

 

 

Prescribed program

To qualify for this amount, a program must:

  • be ongoing (either a minimum of eight weeks duration with a minimum of one session per week or, in the case of children’s camps, five consecutive days);
  • be supervised;
  • be suitable for children; and
  • require significant physical activity (generally, most of the activities must include a significant amount of physical activity that contributes to cardiorespiratory endurance plus muscular strength, muscular endurance, flexibility and/or balance).
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