Manitoba offers various non-refundable tax credits to help reduce your provincial tax burden. These credits address different aspects of life in Manitoba, from supporting families with children to encouraging investment and healthy lifestyles. To claim these credits, you’ll typically file them alongside your Manitoba income tax return (usually on Schedule MB 428). Let’s explore each credit in more detail:
Basic Personal Amount
This reduces your provincial tax bill. All Manitoba residents automatically qualify. No separate form is needed; it’s applied automatically when you file your tax return.
Manitoba Family Tax Benefit
Low-income families with children under 18 may qualify for this credit, which lowers provincial taxes. You claim it on Schedule MB 428 when filing your Manitoba income tax return.
Manitoba’s Fitness Tax Credit
This credit helps offset the costs of approved fitness and recreation programs for yourself and your spouse/partner. You’ll need receipts to claim it on Schedule MB 428.
Children’s Arts and Cultural Activity Tax Credit
This credit reduces provincial taxes for expenses on children’s (under 18) arts and cultural activities, such as music lessons or museum visits. Receipts are required, and you claim it on Schedule MB 428.
Political Contributions Tax Credit
This credit lowers your provincial taxes for donations made to registered Manitoba political parties, but there are maximum limits. You claim it on Schedule MB 428 when filing your tax return.
Labour-Sponsored Funds Tax Credit
This credit reduces provincial taxes for investments in qualifying labour-sponsored investment funds. You must meet specific investment requirements to claim it on Schedule MB 428.
Note: Most credits are claimed when filing your Manitoba income tax return (usually Schedule MB 428), not a separate application. Refer to the Manitoba Revenue website or a tax professional for details and eligibility information, as tax regulations can be subject to change.
