Personal Tax   ->   Non-refundable personal tax credits   -> 2015 personal tax credits - tax amounts

2015 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 used to calculate these amounts have been confirmed to Canada Revenue Agency (CRA), as have the personal tax credit amounts.

(1) PE equivalent to spouse amount is not the same as the spouse amount.  It is $6,294 (tax amount of $617), reduced when dependant income exceeds $629, and eliminated when dependant income exceeds $6,923.
(2) n/a means there is no cap on the maximum medical expenses for other eligible dependents.
(3) The Family Caregiver Amount is added to these amounts in certain circumstances, for Federal and Yukon tax credits. With the elimination of the Child Amount Tax Credit for 2015, legislation will be revised so that the Family Caregiver Amount is still available to infirm minor children.
(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 federal Child Amount Tax Credit is eliminated for 2015 and later years - see the October 30, 2014 Tax Update information.  Yukon mirrors the federal non-refundable tax credits.
(6) Federal adoption tax credit increased to $15,000 as per 2014 Budget, indexed after 2014.  BC and YT use the federal amount.

Go directly to 2015 tax credits - base amounts.

Revised: March 19, 2024