Form NL479, Newfoundland and Labrador Credits

Form NL479, Newfoundland and Labrador Credits

You may be entitled to the credits listed in this section even if you do not have to pay tax. If the total of these credits is more than the taxes you have to pay, you may get a refund for the difference.

To claim these credits, attach a completed Form NL479, Newfoundland and Labrador Credits, to your return.

Physical activity tax credit

If you were a resident of Newfoundland and Labrador at the end of the year, you can claim up to $2,000 per family for the fees paid in 2024 on registration in an eligible program of physical activity or membership in an eligible organization for the following individuals:

• yourself

• your (or your spouse's or common-law partner's) child under 18 years of age at the end of the year

• your spouse or common-law partner

You must reduce your eligible expenses by the amount of any assistance you received, or expect to receive, that is related to the eligible expenses.

Amounts deductible as child care expenses are not eligible expenses.

If you have a spouse or common-law partner, one of you may claim the entire Physical activity tax credit, or each of you may split the total amount claimed. The combined amount that can be claimed per family is either $2,000 or the amount of eligible expenses paid, whichever is less.

Eligible program of physical activity

To qualify for this amount, a program must include a significant amount of physical activity contributing to cardio-respiratory endurance, plus one or more of muscular strength, muscular endurance, flexibility, or balance.

Reimbursement of an eligible expense

You can only claim the portion of the eligible expenses that you have not been, or will not be, reimbursed for. However, you can claim the full amount if the reimbursement is reported in your income (such as a benefit shown on a T4 slip) and you did not deduct the reimbursement anywhere else on your return.

Bankruptcies in 2024

The Newfoundland and Labrador physical activity tax credit can be claimed on your pre- or post-bankruptcy return depending on when the eligible expenses were paid or became payable.

Filing for a deceased person

If you are preparing a return for a person who died in 2024, you can claim this credit on their final return.

Supporting documents

Do not send any supporting documents when you file your return. Keep them in case you are asked to provide them later.

Research and Development Tax Credit (Individuals)

You can claim this credit if your business had a permanent establishment in Newfoundland and Labrador in the tax year and you made eligible expenditures for scientific research and experimental development carried out in Newfoundland and Labrador.

How to claim this credit

Complete Form T1129, Newfoundland and Labrador Research and Development Tax Credit (Individuals).

Supporting documents

If you are filing a paper return, attach your Form T1129 and your eligible expenditures sheet.

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