New Tax Credit for Teachers and DECEs
There is a new refundable tax credit for 2016 and beyond: the
Eligible Educator School Supply Tax Credit. If you are an eligible educator you can now claim a 15% refundable tax credit on up to $1,000 of supply purchases per year.
ETFO teachers and DECEs, as eligible educators, can claim the tax credit for supplies purchased in 2016 for classroom use such as writing materials, art supplies, games and puzzles, and educational software.
For more information, please visit the
Canada Revenue Agency website.
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