LaDyBuG wrote:

---

This is a great idea for the parents but especially for the kids....to keep them active and disciplined and all that.....thanks Peebeh

---

HA HA HA ... you missed

HERE is my christmas gift to u

angelita wrote:

---

Salsera de Corazon wrote:

---

that is o.k tha means ask for a receipt so at the end of the year when you are going to do your taxes you could claim it by the way wich team that's he play? my son plays too does he plays at El Popular

-- Edited by Salsera de Corazon at 16:42, 2007-01-03

---

 Mine too

---

no one asked you

J/ks

Salsera de Corazon wrote:

---

El Duro wrote:

---

Salsera de Corazon wrote:

---

El Duro wrote:

---

luna chiquitita wrote:

---

@ El Duro: I think this applies from 2007 and onward.  I don't think you can backdate it.  Atleast it doesn't sound that way.

---

 

so not for 06

---

 

nope I thought the same thing but I read it already and starts this year

---

but my son is still playing soccer this year

---

that is o.k tha means ask for a receipt so at the end of the year when you are going to do your taxes you could claim it by the way wich team that's he play? my son plays too does he plays at El Popular

-- Edited by Salsera de Corazon at 16:42, 2007-01-03

---

According to the example on the website... no. 

Example:

Mary registered...

...her daughter Julie in an eligible physical activity program and paid the eligible fees of $750 on August 30, 2006. This program started on September 15, 2006, and ended on April 21, 2007.

...her son Eric in an eligible physical activity program and paid the eligible fees of $750 on December 20, 2006. This program started on January 6, 2007, and ended on April 28, 2007.

...her daughter Samantha in an eligible physical activity program and paid the eligible fees of $750 on January 2, 2007. This program started on January 6 and ended on April 28, 2007.

On her 2007 income tax return, Mary will only be allowed to claim the maximum amount of $500 for Samantha's program because the other two were paid in 2006.

The year in which the tax credit can be claimed is determined by the date when the fees are paid, not when the activity takes place.

El Duro wrote:

---

luna chiquitita wrote:

---

@ El Duro: I think this applies from 2007 and onward.  I don't think you can backdate it.  Atleast it doesn't sound that way.

---

 

so not for 06

---

nope I thought the same thing but I read it already and starts this year

TV Buff wrote:

---

Hey Pibe, does this tax credit apply to any type of physical activity? If the children are enrolled in say, soccer or tennis or basketball or swimming through any community programs, does it apply? Or is it just gym stuff?

---

Hey Buff... in short.. YUP!

Here's the linky to the gov of Canada website with more info: http://www.cra-arc.gc.ca/whatsnew/fitness-e.html

YAY... great news for parents!  Honestly, each thing you enroll them in is like $200 plus.  It's ridiculous but I appreciate the government for recognizing it!

El Duro wrote:

---

El Pibe wrote:

---

El Duro, it just started a week before Christmas, so all the kids are learning the basics right now.  To be honest with you they are starting with boxing techniques first so I'm sure your son has not missed that much if you are interested in enrolling him let me know, and I'll get you more info.

---

 

It will be great if you can give me info bro.. your gym is not that far from me it only a ten minute drive with traffic

---

No problem.  I'll be back at the gym on the 2nd of January, so I'll get you the exact details then.

El Pibe wrote:

---

Effective January 1st Canada Revenue Agency is providing a new tax credit (Max $500.00) towards registration fees for children less than 16 years of age.  Registration Fees must be towards an "Eligible program of physical activity"

Children enrolled in programs offered by HIGH OCTANE FITNESS STUDIOS will be eligible for this new tax credit.

HIGH OCTANE FITNESS STUDIOS

Presents:

YOUTH FITNESS TRAINING

Boxing & Kickboxing

Ages 8 - 16

Your Child will gain:

 - Discipline & Confidence

 - Self Respect & Respect for others

 - Learn to stay focused

 - Ability to problem solve

 - Stay in shape

** Allow your child to experience & train with professionals **

HIGH OCTANE FITNESS STUDIOS

111 ZENWAY  BLVD. UNIT 6

WOODBRIDGE ON

905 - 856 - 4752

---

So is this in the new year because my son wants to learn kick boxing, i can only teach him how to box