Children’s Art Credit

New for the 2011 taxation year is the Children’s Art Credit, which is similar to the Children’s Fitness Credit. You can claim a maximum of $500 per child for amounts paid for a prescribed program of artistic, cultural, recreational, or developmental activity.

To be eligible the child must have been under 16 at the beginning of 2011. Children with disabilities must be under 18 years old at the beginning of 2011 and are eligible for a maximum claim of $1,000 per child.

To qualify the program must be either a minimum of 8 consecutive weeks long or 5 consecutive days long. It must be supervised and suitable for children.

It must also meet one of these criteria:

  •  it contributes to the development of creative skills or expertise in an artistic or cultural activity;
  • it provides a substantial focus on wilderness and the natural environment;
  • it helps children develop and use particular intellectual skills;
  • it includes structured interaction among children where supervisors teach or help children develop interpersonal skills; or
  • it provides enrichment or tutoring in academic subjects.

Please note that programs which are part of a school curriculum are not eligible.

For more information contact your local Kemp Harvey Group office.

Autumn 2011 Kemp Harvey Group Newsletter

With the turning of the autumn leaves, there are many changes afoot.  Scroll through the pages of our Autumn 2011 newsletter and you will find details on new Canada Pension Plan deduction rules.  Also, you can learn about additional tax credits available to families and opportunities for seniors to reduce their nursing home fees.  You will be inspired when you read about Kemp Harvey Group’s own, Terry and Laura Craig, and their journey with kidney disease and organ donation.  Click on the link below to access the newsletter:

Autumn 2011 Kemp Harvey Group Newsletter