Non-refundable Tax Credits

Child Fitness Tax Credit Canada

Child Fitness Tax Credit Canada Starting with the 2007 tax year, the Government of Canada allows a non-refundable tax credit based on eligible child fitness expenses paid up to $500 per child by parents to register a child in a prescribed program of physical activity. The children’s fitness tax credit lets parents claim up to […]

Child Care Tax Credit | Day Care Tax Credit Canada

Child Care Tax Credit | Day Care Tax Credit Canada Child care costs are not claimed as a non-refundable tax credit, but as a deduction from income on line 214 of the personal tax return. A non-refundable tax credit is always at the lowest tax rate (except in Qu├ębec), but a reduction of income would […]

Medical Expenses Tax Credit Canada

The medical expense tax credit applies to individuals who have sustained significant medical expenses for themselves or certain of their dependants. To qualify for the medical expense tax credit, the medical expenses must have been paid or deemed to have been paid by either the individual or his or her legal representative for qualifying medical […]

Family Tax Credit and Family Tax Benefit Canada

The federal and provincial governments have family tax credit and benefit programs which provide additional income for families, and for low-income individuals. These programs include Canada Child Tax Benefit (CCTB) Universal Child Care Benefit (UCCB) National child Benefit (NCB) Child Disability Benefit (CDB) GST/HST credit

Education Tax Credit Canada

Education Tax Credit Canada Starting with the taxation year, scholarship, bursary and fellowship income is fully exempt from tax when the income is received in connection with a program for which the student will get an Education Tax Credit. The income is not reported on the tax return. If you are not eligible to claim […]

Tuition Tax Credit Canada

The Tuition Tax Credits for tuition, education amounts and textbooks are non-refundable tax credits. There is a Federal tax credit as well as a provincial or territorial tax credit for tuition, education and textbook amounts. For this reason, to claim these amounts, or to transfer them to another person, you must complete both the Federal […]

Public Transit Passes Tax Credit

Public Transit Tax Credit is a non-refundable tax credit to help individuals cover their cost of public transit. The tax credit for public transit passes is a non-refundable tax credit for the cost of buying a monthly (or longer duration) pass for commuting on buses, streetcars, subways, commuter trains and local ferries. The federal budget […]

Health Tax Credit | Healthy Living Tax Incentive

Health Tax Credit (also known as Healthy Living Tax Incentive) is a tax credit of up to $500 per child. It is intended to help with the cost of registering children and youth in sport or recreation activities that offer health benefits.

Home Renovation Tax Credit (HRTC) Canada

Home Renovation Tax Credit (HRTC) Canada The Home Renovation Tax Credit is a temporary non-refundable tax credit that will only be avaliable for the 2009 tax year regarding home renovation expenditures between January 27, 2009, and before February 1, 2010. The credit will only be available for the 2009 tax year and applies to eligible […]