Fitness Tax Credits

Federal Government Ends Tax Credits Jan 1 2017

In April 2016, the federal government announced that they were ending the Fitness Tax Credit program in the 2017 tax year. Credits are applied to the taxation year in which transactions are made so a purchase made on Dec 31, 2016 would count in the 2016 tax year and would still be eligible for credit. But as of January 1, 2017, registrations are not eligible for tax credits because they fall in the 2017 tax year. As a result, Zone4 has stopped issuing tax credit receipts on Jan 1st 2017.  For more information on the changes to the Fitness Tax Credit program and the budget descision, please see here: http://www.cra-arc.gc.ca/gncy/bdgt/2016/qa06-eng.html

Updated on April 20, 2017

Was this article helpful?

Related Articles