Sask. Party promises $8M in new family tax breaks
The Saskatchewan Party says it will expand a tax benefit for families with children involved in recreational activities.
Currently, the Active Families Benefit gives a $150-a-child tax credit for children between six and 14 years.
On Wednesday, Saskatchewan Party Leader Brad Wall said it would be expanded to cover 15-, 16-, and 17-year-olds.
The benefit can be claimed if children are involved in qualifying sports, cultural and recreational activities, such as soccer or dance lessons.
Wall also announced at a campaign stop in Prince Albert that the exemption on provincial sales tax on children's clothing would also be expanded.
Right now, the exemption on the five per cent PST ends at age 14. Under the proposal, it would be extended to clothing for all children under 18.
The Saskatchewan Party says the tax benefit expansion will cost $5 million a year. The PST exemption expansion will cost $3 million annually.