Personal Tax -> Non-refundable personal tax credits -> 2008 base amounts
2008 Non-Refundable Tax Credits - Base Amounts
|
Tax Credit Type |
Federal 15.00% |
NL(8) 8.2% |
PE 9.8% |
NS 8.79% |
NB 10.12% |
ON 6.05% |
MB 10.9% |
SK(5)(7) 11% |
AB(6) 10% |
BC(3) 5.06% |
YT 7.04% |
NT 5.9% |
NU(4) 4% |
| Basic personal amount | $9,600 | $7,566 | $7,708 | $7,731 | $8,395 | $8,681 | $8,034 | $12,945 | $16,161 | $9,189 | $9,600 | $12,355 | $11,360 |
| Spousal/equivalent-to-spouse amount (1)(7) except PE - see below | 9,600 | 6,183 | 6,546 | 6,565 | 7,129 | 7,371 | 8,034 | 12,945 | 16,161 | 7,868 | 9,600 | 12,355 | 11,360 |
| -reduced when spousal/dependent income exceeds(7) | 0 | 619 | 655 | 656 | 713 | 737 | 0 | 1,295 | 0 | 787 | 0 | 0 | 0 |
| -eliminated when spousal/dependent income exceeds(7) | 9,600 | 6,802 | 7,201 | 7,221 | 7,842 | 8,108 | 8,034 | 14,240 | 16,161 | 8,655 | 9,600 | 12,355 | 11,360 |
| Age amount (65+ years of age) | 5,276 | 3,556 | 3,764 | 3,775 | 4,099 | 4,239 | 3,728 | 4,235 | 4,503 | 4,121 | 5,276 | 6,044 | 8,520 |
| -reduced when income exceeds | 31,524 | 26,468 | 28,019 | 28,101 | 30,517 | 31,554 | 27,749 | 31,524 | 33,525 | 30,674 | 31,524 | 31,524 | 31,524 |
| -eliminated when income exceeds | 66,697 | 50,175 | 53,112 | 53,268 | 57,844 | 59,814 | 52,602 | 59,757 | 63,545 | 58,147 | 66,697 | 71,817 | 88,324 |
| Senior supplementary amount (65+ years of age) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,118 | 0 | 0 | 0 | 0 | 0 |
| Disability amount (5)(6) | 7,021 | 5,106 | 6,890 | 4,596 | 6,797 | 7,014 | 6,180 | 8,190 | 12,466 | 6,892 | 7,021 | 10,020 | 11,360 |
| Disability amount supplement for taxpayers under 18 years of age (5)(6) | 4,095 | 2,402 | 4,019 | 3,144 | 3,965 | 4,091 | 3,605 | 8,190 | 9,355 | 4,021 | 4,095 | 4,095 | 4,095 |
| -reduced when total child care and attendant care expenses claimed for this taxpayer by anyone exceed | 2,399 | 2,022 | 2,354 | 2,138 | 2,321 | 2,396 | 2,112 | 2,399 | 2,552 | 2,334 | 2,399 | 2,399 | 2,399 |
| -eliminated when above expenses exceed | 6,494 | 4,424 | 6,373 | 5,282 | 6,286 | 6,487 | 5,717 | 10,589 | 11,907 | 6,355 | 6,494 | 6,494 | 6,494 |
| Caregiver amount for in-home care of parent or grandparent 65+ years of age, or of infirm adult relative (5)(6) | 4,095 | 2,402 | 2,446 | 4,465 | 3,965 | 4,092 | 3,605 | 8,190 | 9,355 | 4,021 | 4,095 | 4,095 | 4,095 |
| -reduced when relative's income exceeds | 13,986 | 11,743 | 11,953 | 12,467 | 13,540 | 13,999 | 12,312 | 13,987 | 14,874 | 13,608 | 13,986 | 13,986 | 13,986 |
| -eliminated when relative's income exceeds(6) | 18,081 | 14,145 | 14,399 | 16,932 | 17,505 | 18,091 | 15,917 | 22,177 | 24,229 | 17,629 | 18,081 | 18,081 | 18,081 |
| Federal | NL | PE | NS | NB | ON | MB | SK | AB | BC | YT | NT | NU | |
| Infirm dependent amount (18+ years of age) (5)(6) | 4,095 | 2,402 | 2,446 | 2,551 | 3,965 | 4,091 | 3,605 | 8,190 | 9,355 | 4,021 | 4,095 | 4,095 | 4,095 |
| -reduced when dependent income exceeds | 5,811 | 5,164 | 4,966 | 5,180 | 5,625 | 5,817 | 5,115 | 5,811 | 6,180 | 6,405 | 5,811 | 5,811 | 5,811 |
| -eliminated when dependent income exceeds(6) | 9,906 | 7,566 | 7,412 | 7,731 | 9,590 | 9,908 | 8,720 | 14,001 | 15,535 | 10,426 | 9,906 | 9,906 | 9,906 |
| Child amount for dependent children under 18 (19 in SK) (each)(7) | 2,038 | 0 | 0 | 0 | 0 | 0 | 0 | 4,795 | 0 | 0 | 2,038 | 0 | 0 |
| Child amount for dependent children under 6 (each, maximum per year) | 0 | 0 | 1,200 | 1,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,200 |
| Pension income amount - lesser of eligible pension income or (4) | 2,000 | 1,000 | 1,000 | 1,069 | 1,000 | 1,201 | 1,000 | 1,000 | 1,244 | 1,000 | 2,000 | 1,000 | 2,000 |
| Medical expense tax credit is for expenses in excess of the lesser of 3% of net income or (2) | 1,962 | 1,648 | 1,678 | 1,637 | 1,899 | 1,965 | 1,728 | 1,962 | 2,088 | 1,911 | 1,962 | 1,962 | 1,962 |
| Maximum medical expenses for other eligible dependents (each) | 10,000 | 10,000 | 10,000 | 10,000 | 5,000 | 10,591 | 10,000 | 10,000 | 11,053 | 10,000 | 10,000 | 5,000 | 10,000 |
| Tax credit for medical for other dependents is for expenses in excess of the lesser of 3% of dependent's net income or (2) | 1,962 | 1,648 | 1,678 | 1,637 | 1,899 | 1,965 | 1,728 | 1,962 | 2,088 | 1,911 | 1,962 | 1,962 | 1,962 |
| Eligible adoption expenses - maximum per child | 10,643 | 10,643 | 0 | 0 | 0 | 10,591 | 10,000 | 0 | 11,053 | 10,643 | 10,643 | 0 | 0 |
| Education - part time per month | 120 | 60 | 120 | 60 | 120 | 140 | 120 | 120 | 188 | 60 | 120 | 120 | 120 |
| Education - full time per month | 400 | 200 | 400 | 200 | 400 | 468 | 400 | 400 | 628 | 200 | 400 | 400 | 400 |
| Textbooks - part time per month (4) | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 0 | 20 |
| Textbooks - full time per month (4) | 65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65 | 0 | 65 |
| Canada employment amount | 1,019 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,019 | 0 | 0 |
| Indexing factor for 2008 | 1.019 | 1.011 | 1.000 | 1.0346 | 1.019 | 1.015 | 1.000 | 1.019 | 1.047 | 1.018 | 1.019 | 1.019 | 1.019 |
| Federal | NL | PE | NS | NB | ON | MB | SK | AB | BC | YT | NT | NU |
(1) PE
equivalent to spouse amount is not the same as the spouse amount. It is
$6,294, reduced when dependent income exceeds $629, and eliminated when
dependent income exceeds $6,923.
(2) NS amount not indexed
(3) BC 2008 tax rate reduced from 5.35% to
5.24% as per Feb
19, 2008 budget, then to 5.06% as per Oct
22, 2008 Economic Plan.
(4) NU pension amount increased from $1,000 to
$2,000, and textbook amount introduced by NU
2008 budget.
(5) SK
disability-related tax credits increased as per March
19, 2008 budget.
(6) AB amounts
increased by $5,000 each as per April 22, 2008
budget.
(7) SK basic personal, spousal/equivalent,
and dependent child amount as per Oct 21, 2008 announcement.
(8) NL tax rate
reduced as per NL 2008 budget.
Every taxpayer gets a tax credit for the basic personal amount, so any person can earn taxable income of $9,600 in 2008 without paying any federal tax, and can earn anywhere from $7,566 to $16,161, depending on the province or territory in which they live, without paying any provincial or territorial tax.
Go directly to 2008 tax credits - tax amounts.
Revised: October 26, 2023