Childcare Subsidy
Tax treatment of subsidies given to employees for child care and student care.
Tax Treatment of Benefits Relating to Childcare (Summary Table)
Nature | Taxable/ Not taxable |
|---|
1 | Subsidy for employee's child who is in a childcare centre | Not taxable if the childcare centre is licensed under the Child Care Centres Act. A list of the licensed childcare centres can be found in the
MSF website |
2 | Subsidy for employee's child who is in student care | Taxable.
The definition of childcare centre in the Child Care Centres Act does not include student care. |