Tuesday, September 7, 2010

Activity Credit Proposed


Ontario Premier Dalton McGuinty is a proposing a children's activity tax credit.

The proposed tax credit would provide families with up to 50-dollars per child under 16 years of age.

The tax credit would be different from the federal children's fitness tax credit, because it would be refundable, and would include non-fitness activities such as instruction in visual arts, music and language instruction.