brucekuang

Hello,

In his budget speech on March 17, 2016, the Québec Minister of Finance announced that the additional contribution in respect of the second child is reduced by 50%. This measure is retroactive to 2015.

You should not change the calculation in Annex I or the tax return for 2015 to reflect the announced reduction. Indeed, Revenu Québec will itself fixes all 2015 tax returns so parents affected by this change quickly benefit from the reduction.

Furthermore, childcare costs, including the additional contribution, qualify for the deduction for child care expenses in the federal tax return. Following this announcement, the Canada Revenue Agency will also provide patches to all tax returns in 2015.

]For more information, you can contact us at 418 659-6299  if you are in the region of Quebec,  514 864-6299  if you are from the Montreal area or toll free at 1 800 267-6299  .