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Non-Refundable Personal Tax Credits - Base Amounts
The tax credits in this table have been calculated using the indexation
factors shown in the bottom line of the table. The indexation factors have been confirmed to Canada Revenue Agency (CRA).
The personal tax credit
amounts have also been confirmed.
equivalent to spouse amount is not the same as the spouse amount. It is
$6,294, reduced when dependant income exceeds $629, and eliminated when dependant
income exceeds $6,923. (2)
n/a means there is no cap on the amount of medical expenses for other
eligible dependants. (3) The Family
Caregiver Amount (FCA) of $2,093 is added to these amounts in certain
circumstances, for Federal and Yukon tax credits. The income threshold, if
applicable, is also increased by the FCA. With the elimination of
the Child Amount Tax Credit for 2015, legislation will be revised so that the
Family Caregiver Amount is still available to infirm minor children. (4) Federal adoption tax credit
increased to $15,000 as per 2014
Budget, indexed after 2014. BC and YT use the federal amount. (5) For Quebec taxpayers, each federal tax credit is, in
effect, reduced by 16.5% as a result of the federal
(6) The federal Child Amount
Tax Credit is eliminated for 2015 and later years - see the October
30, 2014 Tax Update information. Yukon mirrors the federal
non-refundable tax credits.
Every taxpayer gets a tax credit for the basic personal amount, so any
person can earn taxable
income of $11,327 in 2015 without
paying any federal tax, and can earn anywhere from $7,708
to $18,214, depending on the province or territory in which
they live, without paying any provincial or territorial tax.