Children’s Arts Tax Credit
The Federal Government has created the Children’s Arts Tax Credit (CATC), which allows you to claim the expenses incurred if your child is enrolled in a prescribed program of artistic, cultural, recreational, or developmental activity.
This tax credit is available to individuals for registration and membership costs of up to $500 per child, for prescribed programs for their children who are, at the beginning of the taxation year
under 16 years of age, or
under 18 years of age and have a disability (i.e., eligible to claim a disability tax credit).
The tax credit amounts to 15% of the allowable amount, making a maximum credit of $75.00 per child. In the case of a child with a disability, an additional allowable amount of $500 may be claimed, bringing the maximum tax credit to $150.
If you plan to claim the CATC, please save your receipt for use at tax submission time.