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2007 Tax Credits - Tax Amounts

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

2007 Non-Refundable Personal Tax Credits - Tax Amounts

(Base Amount x Tax Rate)

The tax credits in this table are the amounts to be deducted from the tax payable.  Some of the tax credits are reduced when income exceeds a certain level.

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)(7)(8) $1,440 $721 $741 $658 $834 $517 $854 $966 $1,544 $515 $676 $715 $446
Spousal/equivalent-to-spouse amount (2)(4)(7)(8) except for PE - see below 1,440 590 629 558 708 439 707 966 1,544 441 676 715 446
   -reduced when spousal/dependent income exceeds(2)(4)(8) 0 612 642 635 700 726 649 878 0 773 0 0 0
   -eliminated when spousal/dependent income exceeds(2)(4)(7)(8) 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) 777 339 362 321 407 253 406 457 430 231 364 350 334
   -reduced when income exceeds(4) 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) 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 0 121 0 0 0 0 0
Disability amount (9) 1,034 487 675 390 675 418 674 758 713 386 485 580 446
Disability amount supplement for taxpayers under 18 years of age (9) 603 229 394 267 394 244 393 442 416 225 283 237 161
    -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 6,242 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 603 229 240 380 394 244 393 442 416 225 283 237 161
   -reduced when relative's income exceeds 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 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) 603 229 240 217 394 244 393 442 416 225 283 237 161
   -reduced when dependent income exceeds 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 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) 300 0 0 0 0 0 0 302 0 0 141 0 0
Child amount for dependent children under 6 (each, maximum per year) 0 0 118 105 0 0 0 0 0 0 0 0 48
Pension income amount lesser of eligible pension income or 300 96 98 91 101 72 109 110 119 57 141 59 40
Medical expense tax credit is for expenses in excess of the lesser of 3% of net income or 1,925 1,630 1,678 1,637 1,864 1,936 1,728 1,926 1,994 1,877 1,925 1,925 1,925
Maximum medical expenses for other eligible dependents (each) 1,550 964 980 879 506 631 1,090 1,100 1,056 570 704 295 400
Tax credit for medical for other dependents is for expenses in excess of the lesser of 3% of dependent's net income or 1,925 1,630 1,678 1,637 1,864 1,937 1,728 1,926 1,994 1,877 1,925 1,925 1,925
Eligible adoption expenses - maximum per child (1) 1,567 1,007 0 0 0 632 1,090 0 1,056 595 735 0 0
Education - part time per month(4)(5) 18 6 12 5 12 8 13 13 18 3 8 7 5
Education - full time per month(4)(5) 61 19 39 18 40 28 44 44 60 11 28 24 16
Textbooks - part time per month 3 0 0 0 0 0 0 0 0 0 1 0 0
Textbooks - full time per month 10 0 0 0 0 0 0 0 0 0 5 0 0
Canada employment amount 150 0 0 0 0 0 0 0 0 0 150 0 0
  Federal
(2)(7)
NL PE
(4)
NS NB
(3)
ON MB SK AB
(5)
BC
(1)
YT NT NU

(1)  BC provincial budget
        - tax rate reduced from 6.05% to 5.70%.  All tax credit amounts revised
   
    -new adoption expense tax credit
(2)  Federal March 2007 budget
        - new child amount for dependent children under 18
        - increased spousal amount
(3) NB tax credit rate increased from 9.68% to 10.12% as per March 2007 provincial budget.  All tax credit amounts revised.
(4) PE changes to personal, spousal, age, tuition and education amount tax credits as per April 10, 2007
provincial budget.  However, PE did not increase the equivalent to spouse amount.  The equivalent to spouse tax credit amount for PE for 2007 is $617, reduced when dependent income exceeds $629, and eliminated when dependent income exceeds $6,923.
(5) AB changes to education amount tax credit 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.

Go directly to 2007 tax credits - base amounts.

 

Revised: July 09, 2016

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