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2018
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 and
most tax credits
have been confirmed to Canada Revenue Agency information. The only
amounts that are not confirmed are the disability amount supplements for
taxpayers under 18, medical expense thresholds, maximum medical expenses for
other eligible dependants, and adoption expense maximums.
(2)
n/a means there is no cap on the amount of medical expenses for other
eligible dependants.
(3)
For Quebec taxpayers, each federal tax credit is, in
effect, reduced by 16.5% as a result of the federal
tax abatement.
(4)
The BC 2018 budget proposes to
eliminate the Infirm Dependant and Caregiver credits, and replace them with the
BC Caregiver Credit
Every taxpayer gets a tax credit for the basic personal amount, so any
person can earn taxable
income of $11,810 in 2018 without
paying any federal tax, and can earn anywhere from $8,320 to $18,914, depending on the province or territory in which
they live, without paying any provincial or territorial tax.
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