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2008 Tax Credits - Base Amounts

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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: January 22, 2017

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