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8282 Avenue Querbes
(corner rue D’Anvers) Montréal (Québec) H3N 2C4 Tél: 514.276.1687 Fax: 514.276.0997 | |||||||
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GOVERNMENT SUBSIDIES
YOUR DAYCARE COSTS COULD BE LESS THAN 7 $ PER DAY OR EVEN AS LOW AS 0.32 $ PER DAY!
Thank you to all those who have already reserved their spaces.
In the near future we will be receiving our subsidized spaces from the government. The current daycare fees are 35$ per day (child 18 months and more), and 40$ per day (child of less than 18 months). A tax receipt will be provided for income tax purposes.
However, please note that in Quebec everyone automatically qualifies for the Refundable Quebec Child-Care Credit Program and for advanced payments (see form below) of daycare expenses refunding up to 75% (and more including federal credit) of daycare costs. This tax refundable credit for daycare expenses was announced on March 22, 2009 by the Quebec Premier, Mr. Jean Charest: “Parents who have a family income of 125 000 $ or less and in non-subsidized daycares will profit from a comparable cost to the subsidized 7 $ / day daycares; The tax refundable credit allowance passes from 7.000 $ to 9.000 $”.
In fact, your daycare costs could be less than 7 $ per day if your declared family income is less than 125 000.00 $ per year and could go as low as 0.32 $ per day depending on your income. For more details please refer to the article published in the Journal de Montréal on January 16, 2010 “À QUI PROFITENT LES GARDERIES À 7 $?”. Furthermore, you do not even have to wait for the end of the year to receive your tax credit. You can receive advanced payments of the tax credit for child-care expenses. If such is your case, to benefit from this service, simply make your request by filling out the form (tpz-1029.8.f-v(2009-10)d8.pdf) and send to Revenu Quebec before September 1st 2010. The advanced payments will be sent out every three months.
Better still, on the federal government side, you can request for a reduction on the taxes held by your employer from your wages. Therfore, total government credits (provincial and federal) could be as much as 90 - 95 % of your daycare costs. Again, thank you to all those who have already reserved their spaces. If you haven’t reserved your space you can still do so by completing the "Space Reservation Form", by calling 514-276-1687 ext. 1, or by writing an e-mail to: lestresorsduquartier@gmail.com.
Please leave your name, your telephone number, the name of your child and his birth date. N.B. For complete details on Quebec advanced payments refer to website: |