TaxTips.ca - Québec personal tax credits

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Québec -> Personal tax credits

Québec Personal tax credits

Personal tax credit rate

Unlike other provinces and territories, Québec does not apply the lowest provincial tax rate (16%) in calculating the non-refundable tax credits. The rate used is 20%.

Basic personal amount

See QC Tax amounts subject to indexation for the amount of the basic personal tax credit for Québec, as well as the amounts of other tax credits and deductions.

Refundable tax credit respecting the work premium

People with income from employment or from carrying on a business may apply for the work premium, which is calculated based on income and dependents. For more information see the Québec Revenue Ministry Work Premium web page. Calcul@ide, on the Régie des Rentes Québec (RRQ) website, will help you estimate the amount of refundable tax credit you will receive for the Work Premium.

Medical expense tax credit and refundable medical expense tax credit

Solidarity tax credit

Experienced worker tax credit for ages 65+

Refundable home renovation tax credit

The Québec January 14, 2009 Economic Statement announced a new refundable tax credit for qualifying work done to the homeowner's principal place of residence. Features of this credit:

	*Only available for the 2009 taxation year*
	The credit is for 20% of eligible expenditures in excess of $7,500
	The maximum credit is $2,500
	The credit is for expenditures made by a qualified contractor under terms of an agreement entered into after December 31, 2008 and before January 1, 2010
	The expenditures must be paid no later than June 30, 2010.

For full details on the refundable home renovation tax credit, see the Québec Finance Ministry information:

	IN-179-V Tax Credit for Home Improvement and Renovation
	January 14, 2009 Economic Statement Additional Information (pdf file)

Revised: December 19, 2011

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