Alberta -> Alberta Personal Tax Credits
Non-refundable personal tax credits
For information on the amounts of most non- refundable tax credits
available to Alberta residents, see the non-refundable
personal tax credits tables.
The following non-refundable tax credit amounts were
increased by $5,000 each ($500 increase in the actual tax credit) for 2008
as per the Alberta 2008 budget:
 |
disability amount |
|
disability amount supplement |
|
caregiver amount |
|
infirm dependent amount |
Income threshold amounts are also increased, by $5,000 each
for the caregiver credit and the infirm dependent credit. The
tables of non-refundable tax credits reflect the increased amounts.
Other credits
Alberta family
employment tax credit (AFETC)
This tax credit is for Alberta families with
children. There is no need to apply for the AETC. Eligibility is determined from information
the federal government uses to calculate the Canada child
tax benefit (CCTB), and from prior year's income tax returns
filed by both spouses. Payments are made in January
and July.
The tax credit is 8% of family working income above $2,760,
up to the maximum benefit amount. Beginning in July 2008, as per the Alberta 2008
budget, the maximum benefit from the AFETC
will be increased by 10% to
|
$669 for 1 child |
|
$1,277 for 2 children |
|
$1,642 for 3 children |
|
$1,764 for 4 or more children |
The family net income at which the credit starts to phase
out will be increased by $5,000 to $32,633.
The maximum benefit amounts, and the $32,633 threshold,
are increased for inflation each year.
For more details, see the Province of Alberta Family
Employment Tax Credit page.
Revised: April 21, 2010
|
