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Do the Milton Soccer Academy Programs qualify for the Children's 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.
Eligible MSA programs:
Summer:
KSA
U7
U10
U12
Advanced Skills Development
Winter:
KSA
U7
U10
U12
Parents will receive a receipt for income tax purposes from the MSA later in the
summer 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.
Note that the CFT Credit does not apply to programs that started in 2006. This
means, unfortunately, that our indoor soccer participants from 2006 will not be
able to get a receipt unless the registered in the second half.
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