I’ve mentioned this before but thought that I would highlight it again as the new Budget for Canada was presented.  To be able to receive a tax credit for our children’s music education like we do for their sports is a great thing!  The Music for Young Children program is once a week for 34 weeks, it is supervised and ‘suitable for children’, so it is perfect for claiming the Children’s Arts Tax Credit for your child.

According to the Budget 2011 website “parents will be able to claim the 15-per-cent non-refundable Children’s Arts Tax Credit on up to $500 of qualifying expenses per child incurred in 2011 and future years for a child who is under age 16 at the beginning of the tax year.

To qualify for the Children’s Arts Tax Credit, a program must be:

• ongoing (either a minimum of once a week for at least eight weeks’ duration, or five consecutive days);
• supervised; and
• suitable for children.”