Did you know?
Teacher and Early Childhood Educator School Supply Tax Credit
Starting in 2016, teachers and early childhood educators are eligible for a new refundable tax credit calculated as 15% of up to $1,000 in eligible expenses per year.
This credit can be claimed by any eligible teacher or early childhood educator employed at an elementary or secondary school or a regulated child care facility:
- an eligible teacher holds a teacher's certificate that is valid in the
province or territory in which they are employed
- an eligible early childhood educator holds a certificate or diploma
in early childhood education that is recognized in the province or
territory in which they are employed.
Eligible teaching supplies include consumable goods, such as art supplies and stationary. Durable goods such as computers are not eligible for this credit.
The supplies must be purchased in the year they are claimed, even if they are used in another year.
Get in touch with us for more information!