Children's Fitness Tax Credit

Children's Fitness Tax Credit

As of 2007, the Government of Canada implemented a non-refundable tax credit based on eligible fitness expenses paid by parents to register a child in a prescribed program of physical activity. Pride Gym Martial Arts is an approved activity for this innovative tax credit.

$500 Tax Credit

It's always beneficial to get Canadian kids involved in sports. It keeps them fit and healthy. There has been an increase in child obesity and Canada wants to encourage families to get their kids involved in physical activities by helping out with the costs.

The children's fitness tax credit lets parents claim up to $500 per year for their Pride Gym Martial Arts tuition, for each child who is under 16 years of age at the beginning of the year in which the tuition is paid.

To find out more, visit: http://www.cra-arc.gc.ca/fitness/

Keeping your child Healthy and Fit!

There has also been a dramatic increase in unhealthy weights in children. Obesity rates in children have almost tripled in the last 25 years. Approximately 26% of Canadian children ages 2-17 years old are currently overweight or obese.

Call or contact us today and let's get active!