Do the Milton Soccer Academy Programs qualify for the Childrens Fitness Tax Credit?
The federal government announced the Children’s Fitness Tax Credit (CFT) in its budget for 2007. After reviewing published criteria, the MSA is happy to say that ALL our programs qualify you to receive a tax credit. In most cases we exceed requirements two or three-fold. Parents will receive a receipt for income tax purposes from the MSA later in the summer or winter season when their children have attended the minimum requirement of 8 sessions (for details on this program see www.cra-arc.gc.ca/whatsnew/organi-e.html. Update Feb 11, 2010: CFT receipts for both summer 2009 and winter 2009/10 have now been emailed to the addresses provided to us – please check your email inboxes. We have now serviced all missing requests that came to us after receipts went out in January. No more receipts will be issued.
