Child Fitness Tax receipts issued for 2017 on or before Feb. 28

The WGB swim club will NOW be issuing 2017 Child Fitness Tax receipts on or before Feb. 28, as families can claim this activity for their children for the 2017 tax year ONLY on their YT Tax return. 

Form YT479, Yukon Credits

Line 1 – Children's fitness tax credit

You can claim fees paid in 2017 for the cost of registration or membership for your or your spouse’s or common-law partner’s child in a prescribed program of physical activity. You can claim a maximum of $1,000 of eligible fees per child. The child must have been under 16 years of age (or under 18 years of age if eligible for the disability tax credit on line 5844 of Form YT428,Yukon Tax) at the start of the year in which an eligible fitness expense was paid. The refundable part of the credit is 6.4% of the total eligible fees.

You can claim this tax credit if another person has not already claimed the same fees and the total claimed is not more than the maximum allowable tax credit if only one of you were making the claim.


As per CRA's website.....

The Federal 2016 Budget reduced the 2016 Children's Fitness Amount Tax Credit to $500 from $1,000, and eliminated the tax credit for 2017 and subsequent years. The additional tax credit for a child with a disability will remain at $500 for the 2016 taxation year. Jan 24, 2018