Update From Revenue Quebec: Child Care Expenses

The Québec Minister of Finance announced in his budget speech on March 17, 2016, the additional contribution in respect of the second child is reduced by 50% for child care expenses.

This measure is retroactive to 2015. There will be no change in the calculation in Appendix I or the tax return for 2015 to reflect the announced reduction.

However, Revenue Québec will correct all 2015 tax returns so that parents affected by this change will 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.