Children's Fitness Tax Credit
As of 2007 the government of Canada has implemented the Children's Fitness Tax Credit program. From our initial reading of the requirements our Karate Club membership fees will be eligible to be used towards the tax credit program. Some of the highlights of the requirements are as follows:
- The programs are eligible for the tax credit if they last at least eight weeks at a minimum of one session per week
- For children 10 and under 30 minutes of sustained moderate to vigorous physical activity per session.
- For children 10 and above 60 minutes of sustained moderate to vigorous physical activity
An ongoing, supervised program, suitable for children, in which substantially all of the activities undertaken include a significant amount of physical activity that contribute to cardio-respiratory endurance, plus one or more of:
- muscular strength
- muscular endurance
- flexibility
- balance "