The Federal Government has created a Children’s Fitness Tax Credit for certain physical activities up to a maximum of $1,000 per child. Participation in soccer at Coastal FC is an activity that is eligible for this tax credit. The eligible activities provided by Coastal FC are:
- Regular league play (Spring and Fall).
- Academy play.
To claim the credit:
- The registration fees must be paid in the year previous to the year you file your income tax return.
- The eligible amount includes Base Registration Fee and Rep Team Fee only. The refundable Volunteer Fee is not eligible
- The children must be under 16 or under 18 if they have a disability.
An official tax receipt is available upon request, however, you are not required to attach a receipt to your income tax return.
To request a receipt please contact Carina Steer, Registrar.
For more information on the Children’s Fitness Tax Credit see the CRA’s Line 365 Children’s fitness amount.