Personal Tax Update for Canadian Families with Children

The federal government has proposed some incentives that would make changes to the personal taxes of Canadian Families with Children.

Our tax department has summarized the proposed changes in a  concise PDF.  The changes include:

  •   Family Tax Cut;
  •   Expanded Universal Child Care Benefit (UCCB);
  •   Child Care Expense Deductions and ;
  •   Increase to the Child Fitness Tax credit

If you have any questions or you think these may apply to you please contact our office.