A new Tax Credit is available for Teachers in BC!

A new tax credit is available for Teachers in BC – the BC Education Coaching Tax Credit.

The BC Education Coaching Tax Credit recognizes Teachers and Teaching Assistants in BC who are involved in extracurricular coaching activities throughout the year.

To qualify, you MUST have a carried out at least 10 hours of unpaid extracurricular coaching activity during the year. These activities must be performed after school hours or on a weekend and may include sports, arts and many other activities.

The credit is $500 and is available for the 2015, 2016 and 2017 tax years.

 See the following link for more details:

http://www2.gov.bc.ca/gov/content/taxes/income-taxes/personal/credits/bc-education-coaching-tax-credit