Volunteer Firefighters Receive New Tax Credit
This article was originally posted on August 22nd, 2011, and may now contain outdated information. For current information, please visit our home page.
The Honourable Gail Shea, Minister of National Revenue, visited the St. Jacobs Fire Department in Woolwich Township today to promote a new tax credit for volunteer firefighters which was passed in the 2011 federal budget.
The non-refundable tax credit is available to any volunteer firefighter who serves at least 200 hours per year at one or more fire departments beginning on January 1, 2011. Services that make up those 200 hours include responding to and being on call for firefighting and other emergencies, attending meetings at the fire department, and taking courses in preventing and putting out fires. When an eligible firefighter claims the credit, they can reduce income taxes they have paid or will owe at tax time by as much as $450.
For more information about the volunteer firefighter's tax credit, visit www.cra.gc.ca/firefighter.
Charlene