Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

TaxTips.ca
Canadian Tax and
Financial Information
TaxTips.ca Home

What's New

Links & Resources

Site Map

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with TaxTips.ca!

 

Home  ->  Filing Your Return  ->  Canada Workers Benefit -> 2024 CWB Except Quebec

Canada Workers Benefit (CWB) Factors for 2024 Except Quebec

Income Tax Act s. 122.7

The Canada Workers Benefit (formerly the working income tax benefit, or WITB) is a refundable tax credit.  The following table summarizes the CWB factors by province/territory, except for Quebec.  Where we indicate "couple", this refers to an individual with an eligible spouse or eligible dependent. See the CWB article for eligibility requirements.

As part of the Federal 2021 budget, a "secondary earner exemption" was introduced, which is a special rule for individuals with an eligible spouse.  This allows the lower-income spouse to exclude up to $14,000 (indexed annually after 2021) of their working income in the computation of the couple's adjusted net income, for the calculation of the CWB phase-out.

Note that in the table, couple refers to a couple where both are eligible for the CWB.

All amounts/factors which change annually based on indexation adjustments appear in green print and are shaded, and have been increased based on the federal 2024 indexation factor.  The 2024 amounts have not yet been confirmed to Canada Revenue Agency amounts.

The amounts in green print which are not shaded are calculated amounts, based on the rates as well as the other amounts in green print.

The Detailed Canadian Tax & RRSP Savings Calculator includes the CWB.

TaxTips.ca - 2024 Basic CWB Factors
Factor Most
Prov/Terr
AB NU
Base amount of working income:
 - single person or couple $3,000 $2,760 $6,000
% applied to excess of working income over base amount:
 - single person 27% 21% 14%
 - couple 27% 21% 14%
Maximum CWB refundable amount:
 - single person $1,590 $1,704 $1,578
 - couple 2,739 2,551 2,371
Adjusted net income base amount:
 - single person $26,149 25,472 26,127
 - couple 29,833 31,911 35,957
% applied to net income over base amount, to reduce the CWB:
 - single person 15% 15% 4%
 - couple 15% 15% 8%
Secondary earner exemption $15,955 $15,955 $15,955
Net income at which CWB is reduced to zero (when no disability supplement):
 - single person $36,749 $36,832 $65,577
 - couple 48,093 48,918 65,595
Working income at which maximum CWB is reached:
 - single person $8,889 $10,874 $17,271
 - couple 13,144 14,908 22,936
Disability Supplement Factors
Factor Most
Prov/Terr
AB NU
Base amount of working income:
 - single/couple $1,150 $910 $4,800
% applied to excess of working income over base amount:
 - single/couple 27% 26% 26%
Maximum CWB refundable amount for each disabled person:
 - per person $821 $821 $912
Adjusted net income base amount:
 - single person $36,748 $36,832 $65,595
 - couple 48,091 48,918 65,577
% applied to net income over base amount, to reduce the CWB:
 - If you had an eligible spouse and he or she also qualifies for the disability amount, the rate used is A.  In all other situations, the rate used is B.
 A 7.5% 7.5% 6%
 B 15.0% 15% 12%
Net income at which CWB is reduced to zero when there is a disability supplement:
 - single person (B) $42,221 $42,305 $73,195
 - couple (B) 53,564 54,391 73,177
 - couple, both eligible for disability amount (A) 59,038 59,865 80,777

Revised: September 20, 2024

 

Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  See What’s New, stay connected with TaxTips.ca by RSS or Email
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.