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2008 Tax Credits - Tax Amounts

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Personal Tax -> Non-refundable personal tax credits -> 2008 tax amounts

2008 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%
NL(8)
8.2%
PE
9.8%
NS
8.79%
NB
10.12%
ON
6.05%
MB
10.9%
SK(5)
11%
AB(6)
10%
BC(3)
5.06%
YT
7.04%
NT
5.9%
NU(4)
4%
Basic personal amount $1,440 $629 $755 $680 $850 $525 $876 $1,424 $1,616 $465 $676 $729 $454
Spousal/equivalent-to-spouse amount (1) except PE - see below 1,440 538 642 577 721 446 876 1,424 1,616 398 676 729 454
   -reduced when spousal/dependent income exceeds 0 619 655 656 713 737 0 1,295 0 787 0 0 0
   -eliminated when spousal/dependent income exceeds 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) 791 292 369 332 415 256 406 466 450 209 371 357 341
   -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 0 123 0 0 0 0 0
Disability amount (5)(6) 1,053 419 675 404 688 424 674 901 1,247 349 494 591 454
Disability amount supplement for taxpayers under 18 years of age (5)(6) 614 197 394 276 401 248 393 901 936 203 288 242 164
    -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 6,907 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) 614 197 240 392 401 248 393 901 936 203 288 242 164
   -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) 614 197 240 224 401 248 393 901 936 203 288 242 164
   -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) 306 0 0 0 0 0 0 527 0 0 143 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 (4) 300 82 98 94 101 73 109 110 124 51 141 59 80
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) 1,500 820 980 879 506 641 1,090 1,100 1,105 506 704 295 400
Tax credit for medical for other dependents is for expenses in excess of the lesser of 3% of dependent's net income or 1,962 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 1,596 873 0 0 0 641 1,090 0 1,105 539 749 0 0
Education - part time per month 18 5 12 5 12 8 13 13 19 3 8 7 5
Education - full time per month 60 16 39 18 40 28 44 44 63 10 28 24 16
Textbooks - part time per month (4) 3 0 0 0 0 0 0 0 0 0 1 0 1
Textbooks - full time per month (4) 10 0 0 0 0 0 0 0 0 0 5 0 3
Canada employment amount 153 0 0 0 0 0 0 0 0 0 72 0 0
  Federal NL PE NS NB ON MB SK AB BC YT NT NU

(1) PE equivalent to spouse tax credit amount is not the same as the spouse amount.  It is $617, 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 threshold amounts increased by $5,000 , and tax credit amounts increased by $500 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 and tax amounts reduced as per NL 2008 budget.

Go directly to 2008 tax credits - base amounts.

 

Revised: July 09, 2016

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