TaxTips.ca
Canadian Tax and
Financial Information
2018 Personal Tax Credits - Tax Amounts

Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?
See
USTaxTips.net

Need an accounting, tax or financial advisor? Look in our Directory.      Stay Connected with TaxTips.ca!

Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Free in 30!
Financial Planning
RRSP RRIF TFSA
Real Estate
Stocks Bonds etc.
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Provincial Budgets
Statistics etc.
Glossary
Site Map
Directory
Advertise With Us
Contact Us/About Us
Links & Resources



Personal Tax ->  Non-refundable Personal Tax Credits -> 2018 Personal Tax Credits - Tax Amounts

2018 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.  All tax amounts are rounded to the nearest dollar.  The indexation factors and tax credits have not yet been confirmed to Canada Revenue Agency information.

Tax Credit Type

Federal
15%
(1)(3)(4)
NL
8.7%
PE
9.8%
NS
8.79%
(7)
NB
9.68%
ON
5.05%
(1)
MB
10.8%
SK
10.50%
(6)
AB
10%
BC
5.06%
YT
6.40%
(1)(3)
NT
5.9%
NU
4%
Basic personal amount $1,772 $804 $815 $745 $972 $523 $1,013 $1,687 $1,891 $527 $756 $855 $533
Spouse or common-law partner / equivalent-to-spouse / eligible dependant amount (3) 1,772 657 693 745 826 444 986 1,687 1,891 451 756 855 533
   -reduced when spousal/dependant income exceeds 0 756 707 848 853 879 0 1,607 0 892 0 0 0
   -eliminated when spousal/dependant income exceeds 11,810 8,312 7,774 9,329 9,381 9,670 9,134 17,672 18,914 9,807 11,810 14,492 13,325
Age amount (65+ years of age) 1,100 514 369 364 475 255 403 514 527 236 469 418 400
   -reduced when income exceeds 36,976 32,347 28,019 30,828 36,508 37,634 27,749 36,430 39,237 34,757 36,976 36,976 36,976
   -eliminated when income exceeds 85,863 71,700 53,112 58,435 69,195 71,334 52,602 69,057 74,370 65,890 85,863 84,236 103,603
Senior supplementary amount (65+ years of age) 0 0 0 0 0 0 0 136 0 0 0 0 0
Disability amount 1,235 543 675 645 787 422 667 994 1,459 395 527 693 533
Disability amount supplement for taxpayers under 18 years of age 720 256 394 303 459 246 389 994 1,095 231 307 283 192
    -reduced when total child care and attendant care expenses claimed for this taxpayer by anyone exceed 2,814 2,497 2,354 2,346 2,778 2,858 2,112 2,772 2,985 2,645 2,814 2,814 2,814
    -eliminated when above expenses exceed 7,617 5,434 6,373 5,795 7,521 7,736 5,717 12,236 13,934 7,201 7,617 7,617 7,617
Canada Caregiver Credit - infirm spouse/eligible dependant or child under 18 (1) 327 0 0 0 0 0 0 0 0 0 140 0 0
    -reduced when dependant's income exceeds 16,405 0 0 0 0 0 0 0 0 0 16,405 0 0
    -eliminated when dependant's income exceeds 18,587 0 0 0 0 0 0 0 0 0 18,587 0 0
Canada Caregiver Credit - infirm adult dependent relative (1) 1,048 0 0 0 0 246 0 0 0 0 447 0 0
    -reduced when relative's income exceeds 16,405 0 0 0 0 16,696 0 0 0 0 16,405 0 0
    -eliminated when relative's income exceeds 23,391 0 0 0 0 21,576 0 0 0 0 23,391 0 0
Caregiver amount for in-home care of parent or grandparent 65+ years of age, or of infirm adult relative (1)(3) 0 256 240 431 459 0 389 994 1,095 231 0 283 192
   -reduced when relative's income exceeds 0 14,351 11,953 13,677 16,198 0 12,312 16,164 17,408 15,419 0 16,405 16,405
   -eliminated when relative's income exceeds 0 17,288 14,399 18,575 20,941 0 15,917 25,628 28,357 19,975 0 21,209 21,209
 

Federal

NL PE

NS

NB

ON

MB SK AB

BC

YT

NT

NU

Infirm dependant amount (18+ years of age), including Family Caregiver Amount (YT) (1) 0 256 240 246 459 0 389 994 1,095 231 0 283 192
   -reduced when dependant income exceeds 0 6,311 4,966 5,683 6,729 0 5,115 6,715 7,233 7,257 0 6,816 6,816
   -eliminated when dependant income exceeds 0 9,248 7,412 8,481 11,472 0 8,720 16,179 18,183 11,813 0 11,620 11,620
Child amount for dependent children under 19 (SK only)(each) (3) 0 0 0 0 0 0 0 640 0 0 0 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 87 98 103 97 72 108 105 146 51 128 59 80
Medical expense tax credit is for expenses in excess of the lesser of 3% of net income or 2,302 2,014 1,678 1,637 2,273 2,343 1,728 2,268 2,444 2,165 2,302 2,302 2,302
Maximum medical expenses for other eligible dependants (each) (2) n/a n/a n/a n/a n/a 638 n/a n/a n/a n/a n/a 295 n/a
Tax credit for medical for other dependants is for expenses in excess of the lesser of 3% of dependant net income or 2,302 2,014 1,678 1,637 2,273 2,343 1,728 2,268 2,444 2,165 2,302 2,302 2,302
Eligible adoption expenses - maximum per child 2,386 1,086 0 0 0 638 1,080 0 1,294 805 1,018 0 0
Education - part time per month (5)(6) 0 5 12 5 0 0 13 0 22 3 0 7 5
Education - full time per month (5)(6) 0 17 39 18 0 0 43 0 74 10 0 24 16
Textbooks - part time per month (5)(6) 0 0 0 0 0 0 0 0 0 0 0 0 1
Textbooks - full time per month (5)(6) 0 0 0 0 0 0 0 0 0 0 0 0 3
Canada employment amount 179 0 0 0 0 0 0 0 0 0 76 0 0
  Federal
(1)(3)(4)
NL
PE
(7)
NS
NB
ON
MB
SK
(6)
AB
BC
YT
(1)(3)
NT
NU

(1) The Federal 2017 Budget replaced the Family Caregiver Amount, Caregiver Amount, and Infirm Adult Dependant Amount with the Canada Caregiver Credit.  Most provinces and territories are not dependent on the Federal legislation for their Caregiver Amount and Infirm Adult Dependant Amount tax credits.  However, these tax credits for BC, and Saskatchewan are dependent on the Federal legislation, so we are unsure at this point what will happen for 2018 for them.  In order to keep these credits they will have to amend their legislation.  However, they were kept for 2017, so will likely be kept on an ongoing basis, with the legislation change just being a "housekeeping" change.  The Ontario 2017 Budget indicated they would parallel the federal changes, creating the Ontario Caregiver Tax Credit (OCTC).    Yukon tabled Billl 10 (pdf) in October 2017 to parallel the federal changes, effective for the 2017 and subsequent taxation years.  These are reflected in the above table.
(2) n/a means there is no cap on the amount of medical expenses for other eligible dependants.
(2) n/a means there is no cap on the maximum medical expenses for other eligible dependents.
(3) The Family Caregiver Amount was added to these amounts in certain circumstances, for Federal and Yukon tax credits. The Family Caregiver Amount was available to infirm minor children, but is replaced by the Canada Caregiver Credit federally for 2017, as per the Federal 2017 Budget.  The Yukon Family Caregiver Amount legislation is dependent on the Federal legislation, so will be eliminated unless they change their legislation to retain the tax credit.
(4) For Quebec taxpayers, each federal tax credit is, in effect, reduced by 16.5% as a result of the federal tax abatement.
(5) The 2016 federal budget eliminated the education and textbook credits for 2017 and later years.  For more information see the article on education and textbook tax credits.
(6) The Saskatchewan 2017 Budget announced the elimination of credits for post-secondary tuition and education expenses, effective July 1, 2017.  It also announced that the personal tax system would not be indexed in 2018 and later years and that personal income tax rates would be reduced in half-point increments effective July 1, 2017 and July 1, 2019.  This will result in the rates being reduced in 1/4 point increments each year for 2017 to 2020.
(7) See the information in the Nova Scotia Tax Credits article about the changes for 2018 for the Basic Personal Amount, Spousal Amount, Equivalent to Spouse Amount, and Age Amount.  The additional tax credit amounts are not reflected above.

Go directly to 2018 tax credits - base amounts.

Revised: November 11, 2017

Copyright © 2002 - 2017 Boat Harbour Investments Ltd. All Rights Reserved  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  Google + |  Monthly Newsletter Sign-up  What’s New E-mail Notification RSS News Feed
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.