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Alberta Personal Tax Credits

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Alberta -> Alberta Personal Tax Credits

Alberta 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:
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disability amount

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disability amount supplement

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caregiver amount

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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
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$669 for 1 child

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$1,277 for 2 children

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$1,642 for 3 children

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$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: December 14, 2013

 

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