The NS 2012 Budget announced that the 2012 spouse and
spousal equivalent tax credits would be increased to $8,481 to match the basic
personal amount, and the disability amount would be increased to $7,341.
This non-refundable tax credit, new for the 2014
taxation year as announced in the NS 2014 Budget, is a deduction of $1,000
from income tax otherwise payable, and is available to individuals who:
are age 65 or older at December 31st of the
are resident in Nova Scotia on December 31st of the
had a taxable income or taxable income earned in
Canada of less than $24,000 for the taxation year.
Healthy Living Tax Incentive
Also called the Sport and Recreational Expenses for
Children tax credit, this is a non-refundable tax credit, claimed at the
lowest Nova Scotia tax rate (8.79% for 2010 and 2011). A maximum amount of $500 per child can be
claimed, for the registration of an eligible child in
a designated sport or recreational activity, which
would equal a maximum tax credit of $43.95 ($500 x
8.79%) per child. This tax credit has been
available since 2005. Either spouse can claim
the tax credit, or it can be split between both
An eligible child is under 18 years of age at the end of
the year, and
your child by blood, marriage, common-law
partnership, or adoption;
dependent on you for support and under your
custody and control, or
a spouse or common-law partner of your child
There is no additional tax credit for a child with a disability.
The Nova Scotia 2008 budget announced that starting in
2009, this credit would be extended to all Nova Scotians. However,
budget announced that this extension would be deferred indefinitely.
The Nova Scotia Sport/Recreation Credit is
calculated by the Canadian Tax Calculator, but
the amount is not checked to ensure that the maximum is not exceeded.
Nova Scotia Refundable Tax Credits
and Ground Search and Rescue Tax Credit
NS Taxation Act 2000, s. 38A, Volunteer Fire Fighter
Tax Credit Regulations
Volunteer firefighters and ground search and rescue
workers can claim a tax credit by entering the amount of
$500 (for 2013) on line 82 of form NS428 from the Nova
Scotia General Income Tax and Benefit Package, if they meet all
of the following conditions:
resident of Nova Scotia on December 31 of the tax year
volunteer firefighter or ground search and rescue
worker for a minimum of six months during the tax
did not receive salary, wages or compensation, other than reasonable
reimbursement or allowance for expenses, and
identified as a volunteer firefighter on the report filed by
your fire chief, or identified as an eligible ground search and rescue
worker on the report filed by your ground search and rescue
president. Reports are filed with the Department of Finance and
Treasury Board by January 31st of each year for the previous taxation
To be eligible, firefighters must participate in no less than
20 per cent of emergency calls responded to by the volunteer fire department;
training sessions conducted by the volunteer fire department; and meetings held
by the volunteer fire department.
Beginning July 1, 2010, low and modest income
households started receiving a refundable tax credit payment
quarterly. The maximum annual amount was $240 per household, plus
$57 for each child under 19 living in the household. In order to
receive this credit, an income tax return must be filed.
As per the Nova Scotia 2011 Budget, the NSALTC payments were indexed by
2.2%, effective July 1, 2011.
As per the Nova Scotia 2012 Budget, the NSALTC was increased effective
July 1, 2012, to $255 for an individual adult and to $60 for a dependent
The credit is reduced by 5% of adjusted family income
above $30,000, and is completely phased out at a household income of
$35,100. The credit is paid in conjunction with the federal GST/HST
credit, with a quarterly payment in July, October, January and April of
Seniors who receive the Guaranteed
Income Supplement (GIS) will receive a refund of Nova Scotia provincial
income tax paid, unless the amount paid was less than $50.
Regulations were developed that allow the
Province of Nova Scotia to implement a credit for seniors who are GIS recipients
and Nova Scotia residents, and have provincial taxes owing for the 2010
and later taxation years.
Canada Revenue Agency (CRA) is not administering this
credit, so NS GIS recipients will file their tax returns as usual,
and make payments for any taxes owing. It is important for tax
returns to be filed so that the refund can be provided by the NS
The refund is available to seniors who reported GIS
income on line 146 of their tax return, and have Nova Scotia provincial
income tax owing on line 428 of their tax return. Refunds will not
be done for amounts less than $50. The maximum refund amount is
In July of each year, the Province of Nova Scotia will
receive a file from CRA advising them of GIS recipients and the provincial
income tax they paid. The Province will then issue refund cheques to
GIS recipients. The cheques for 2012 refunds were mailed at the end
of July 2013.
This tax credit was replaced in 2009 by the Graduate
Retention Rebate (see above).
First-Time Home Buyers Rebate
A rebate of 18.75%, to a maximum of $3,000 (effective April
1, 2012), of the
provincial portion of the HST is provided on new homes purchased by
first-time home buyers. The amount of the rebate prior to April 1, 2012
is a maximum of $1,500. The rebate will increase where the Agreement of
Purchase and Sale is entered into after March 31, 2012, or when
the building permit is issued for an owner-built home after that date.