The Canada Revenue Agency (CRA) has published a list of the various services, credits, and amounts for individuals that will change for this tax-filing season.
Among other things the CRA notes that, in the 2015 tax year, Canadians claiming the Disability Tax Credit (DTC) will be able to file their T1 return online regardless of whether or not their Form T2201, Disability Tax Credit Certificate has been submitted to the CRA for that tax year.
There have also been changes to both the Children’s fitness amount and the child care expense deduction limits.
Starting January 1, 2015, the Children's fitness amount will be a refundable tax credit available to families with children who are enrolled in a prescribed program of physical activity. In previous tax years, this credit was non-refundable.
As for the Child Care Expense Deduction, the dollar limits have been increased by $1,000. "The maximum amounts that can be claimed have increased to $8,000 for children under age seven, to $5,000 for children aged seven through 16, and to $11,000 for children who are eligible for the Disability Tax Credit," says the CRA.
The complete list of changes is available on the CRA web site.
