Tax Tables [ Non Refundable Tax Credit Rates and Amounts for 2016 ] | |
|---|
| Tax rate applied to credits | 10% |
| Indexation factor3 | 1.3% |
| Basic personal | $18,451.00 |
| Spousal/partner and wholly dependant person 4,5,13 | $18,451.00 |
| Spousal/partner and wholly dependant person 4,5,13 Net income threshold | na |
| Dependants aged 18 and over and infirm | $10,680.00 |
| Dependants aged 18 and over and infirm Net income threshold | $7,056.00 |
| Child7: (max) | na |
| Adoption | $12,619.00 |
| Disability | $7,341.00 |
| Disability Maximum supplement | $10,790.00 |
| Pension9 (max) | $1,421.00 |
| Age 65 and over9,11 | $5,141.00 |
| Age 65 and over9,11 Net income threshold | $38,275.00 |
| Medical expense threshold12 | $2,384.00 |
| Caregiver13 | $10,681.00 |
| Caregiver13 Net income threshold | $16,981.00 |
| Employment14 | |
| Canada Pension Plan15 (max) | $2,544.00 |
| Employment Insurance15 (max) | $955.00 |
| Public transit pass costs16 | na |
| Children's fitness17 (max) and arts18 | na |
| Home buyers19 (max) | na |
| Tuition fees and interest paid on student loans20 | na |
| Education and textbook20 Full time-per month | $717.00 |
| Education and textbook20 Part time-per month | $215.00 |
| Charitable donations21 Credit rate on first $200 | 10% |
| Charitable donations21 Credit rate on balance | 21% |
| Charitable donations Credit rate on balance for Earner over 200k from 2016 onwards | 33% |
| Combined Top Marginal Tax Rates For Individuals - Interest and Regular Income | 47% |
| Combined Top Marginal Tax Rates For Individuals - Capital Gains | 23.5% |
| Combined Top Marginal Tax Rates For Individuals - Eligible Dividends | 30.33% |
| Combined Top Marginal Tax Rates For Individuals - Non-eligible Dividends | 39.07% |