Children’s Wellness Tax Credit

Wellness is important to Islanders, especially in our children and youth.  Knowing that organized activities can be expensive for families, a Children’s Wellness Tax Credit has been created to assist with these costs.

Since January 1, 2021, Islanders are able to claim a non-refundable wellness tax credit of up to $500 per child.  Effective January 1, 2024 the amount is doubling to $1,000 per child. This tax credit is for all families with children under the age of 18 for eligible activities related to their children’s well-being.  This higher amount can be claimed when completing their taxes, for the 2024 taxation year.

Receipts should be kept for activities during the year to claim this credit.  Eligible activities could include sports, arts, cultural camps and activities for eight-weeks or five consecutive days of activity.

Additional information to assist Islanders claiming this credit can be found on Line 58365 of the PEI Income Tax return (PE428).