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2007 Tax Credits - Base Amounts

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Personal Tax -> Non-refundable personal tax credits -> 2007 base amounts

2007 Non-Refundable Tax Credits - Base Amounts

Tax Credit Type Federal
15.00%
(2)(7)
NL
9.64%
(6)
PE
9.8%
(4)
(9)
NS
8.79%
NB
10.12%
(3)
ON
6.05%
MB
10.9%
SK
11%
AB
10%
(5)
BC
5.70%
(1)
YT
7.04%
(8)
NT
5.9%
NU
4%
Basic personal amount (4)(6)(7) $9,600 $7,484 $7,560 $7,481 $8,239 $8,553 $7,834 $8,778 $15,435 $9,027 $9,600 $12,125 $11,149
Spousal/equivalent-to-spouse amount (2)(4)(6) except PE - see below 9,600 6,116 6,420 6,352 6,996 7,262 6,482 8,778 15,435 7,729 9,600 12,125 11,149
   -reduced when spousal/dependent income exceeds (2)(4)(6) 0 612 642 635 700 726 649 878 0 773 0 0 0
   -eliminated when spousal/dependent income exceeds (2)(4)(6)(7) 9,600 6,728 7,062 6,987 7,696 7,988 7,131 9,656 15,435 8,502 9,600 12,125 11,149
Age amount (65+ years of age)(4)(6) 5,177 3,517 3,691 3,653 4,023 4,176 3,728 4,156 4,301 4,048 5,177 5,931 8,361
   -reduced when income exceeds(4)(6) 30,936 26,180 27,480 27,193 29,948 31,087 27,749 30,936 32,020 30,132 30,936 30,936 30,936
   -eliminated when income exceeds(4)(6) 65,449 49,627 52,087 51,546 56,768 58,928 52,602 58,643 60,693 57,119 65,449 70,476 86,676
Senior supplementary amount (65+ years of age) 0 0 0 0 0 0 0 1,097 0 0 0 0 0
Disability amount(6)(9) 6,890 5,050 6,890 4,441 6,670 6,910 6,180 6,890 7,131 6,770 6,890 9,833 11,149
Disability amount supplement for taxpayers under 18 years of age(6)(9) 4,019 2,377 4,019 3,043 3,891 4,031 3,605 4,019 4,160 3,950 4,019 4,019 4,019
    -reduced when total child care and attendant care expenses claimed for this taxpayer by anyone exceed (9) 2,354 2,000 2,354 2,069 2,278 2,361 2,112 2,354 2,437 2,293 2,354 2,354 2,354
    -eliminated when above expenses exceed (9) 6,373 4,377 6,373 5,112 6,169 6,392 5,717 6,373 6,597 6,243 6,373 6,373 6,373
Caregiver amount for in-home care of parent or grandparent 65+ years of age, or of infirm adult relative(6) 4,019 2,377 2,446 4,320 3,891 4,031 3,605 4,019 4,160 3,949 4,019 4,019 4,019
   -reduced when relative's income exceeds(6) 13,726 11,615 11,953 12,064 13,288 13,792 12,312 13,726 14,206 13,368 13,726 13,726 13,726
   -eliminated when relative's income exceeds(6) 17,745 13,992 14,399 16,384 17,179 17,823 15,917 17,745 18,366 17,317 17,745 17,745 17,745
  Federal NL PE NS NB ON MB SK AB BC YT NT NU
Infirm dependent amount (18+ years of age)(6) 4,019 2,377 2,446 2,468 3,891 4,031 3,605 4,019 4,160 3,949 4,019 4,019 4,019
   -reduced when dependent income exceeds(6) 5,702 5,108 4,966 5,013 5,520 5,731 5,115 5,702 5,902 6,292 5,702 5702 5,702
   -eliminated when dependent income exceeds(6) 9,721 7,485 7,412 7,481 9,411 9,762 8,720 9,721 10,062 10,241 9,721 9,721 9,721
Child amount for dependent children under 18 (19 in SK) (each)(2) 2,000 0 0 0 0 0 0 2,743 0 0 2,000 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 2,000 1,000 1,000 1,035 1,000 1,183 1,000 1,000 1,189 1,000 2,000 1,000 1,000
Medical expense tax credit is for expenses in excess of the lesser of 3% of net income or(6)(10) 1,925 1,630 1,678 1,637 1,864 1,936 1,728 1,925 1,994 1,877 1,925 1,925 1,925
Maximum medical expenses for other eligible dependents (each) 10,000 10,000 10,000 10,000 5,000 10,435 10,000 10,000 10,557 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 (10) 1,925 1,630 1,678 1,637 1,864 1,936 1,728 1,925 1,994 1,877 1,925 1,925 1,925
Eligible adoption expenses - maximum per child (1) 10,445 10,445 0 0 0 10,445 10,000 0 10,557 10,445 10,445 0 0
Education - part time per month(4)(5) 120 60 120 60 120 138 120 120 180 60 120 120 120
Education - full time per month(4)(5) 400 200 400 200 400 461 400 400 600 200 400 400 400
Textbooks - part time per month 20 0 0 0 0 0 0 0 0 0 20 0 0
Textbooks - full time per month 65 0 0 0 0 0 0 0 0 0 65 0 0
Canada employment amount 1,000 0 0 0 0 0 0 0 0 0 1,000 0 0
Indexing factor for 2007 1.022 1.000 1.000 1.0346 1.022 1.021 1.000 1.022 1.036 1.019 1.022 1.022 1.022
  Federal
(2)
NL
(6)
PE
(4)
NS NB ON MB SK AB
(5)
BC
(1)
YT
(8)
NT NU

(1)  BC provincial budget
        - tax rate reduced from 6.05% to 5.70%
   
    -new adoption expense tax credit
(2)  Federal March 2007 budget
        - new child amount for dependent children under 18 (matched by Yukon)
        - increased spousal amount
(3) NB tax credit rate increased from 9.68% to 10.12% as per March 2007 provincial budget
(4) PE changes to personal, spousal, age, tuition and education amounts as per April 10, 2007 provincial budget.  However, PE did not increase the equivalent to spouse amount.  The equivalent to spouse amount for PE for 2007 is $6,294, reduced when dependent income exceeds $629, and eliminated when dependent income exceeds $6,923.
(5) AB changes to education amount as per April 19, 2007 provincial budget
(6) NL changes as per April 26, 2007 provincial budget
(7) Federal Tax Relief announced October 30, 2007.
(8) Yukon personal and spousal/equivalent (and other non-refundable tax credit amounts) are the same as federal.
(9) PE increased the disability amount and supplement, and corresponding thresholds, to federal amounts - Aug 15, 2007 news release.
(10) NS amount not indexed.

Every taxpayer gets a tax credit for the basic personal amount, so any person can earn taxable income of $9,600 in 2007 without paying any federal tax, and can earn anywhere from $7,481 to $15,435, depending on the province or territory in which they live, without paying any provincial or territorial tax.

Go directly to 2007 tax credits - tax amounts.

 

Revised: September 19, 2017

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