Memo PSO Development Unit

Memo PSO Development Unit

Date:	October 11, 2007
To:	All PSO Presidents & Executive Directors
From:	Janet McMahon, Director of PSO Development Unit
Re:	Children’s Fitness Tax Credit

The Government of Canada proposes to allow, starting in 2007, a non-refundable tax credit on eligible amounts of up to $500 paid by parents to register a child (under the age of 16) in an eligible program of physical activity.

Updated information on this matter can be found on Sport Manitoba’s website

www.sportmanitoba.ca under Resources/Children’s Fitness Tax Credit. We recognize that in most cases your member clubs will be responsible for the receipt issuance, so please pass this information on. The following material can be found on our website:

Organization/Club Information

Information about the proposed tax credit for organizations and clubs providing programs and potential receipts.
A checklist to help you determine whether a program should qualify for purposes of the proposed children’s fitness tax credit.

Parents Information

Information about the proposed tax credit for parents.

Specific inquires can also be directed to Canada Revenue Agency at 1-800-387-1193.

Please contact your Sport Consultant or Finance Officer if you have any questions.