Tax Tables [ Non Refundable Tax Credit Rates and Amounts for 2016 ] | |
|---|
| Tax rate applied to credits | 5.06% |
| Indexation factor3 | 0.9% |
| Basic personal | $ 10,027.00 |
| Spousal/partner and wholly dependant person 4,5,13 | $ 8,586.00 |
| Spousal/partner and wholly dependant person 4,5,13 Net income threshold | $ 859.00 |
| Dependants6,13:18 and over and infirm Net income threshold | $ 4,388.00 |
| Dependants6,13:18 and over and infirm Net income threshold | $ 6,989.00 |
| Child7: (max) | na |
| Adoption8 | $ 15,453.00 |
| Disability9 | $ 7,521.00 |
| Disability supplement10 | $ 4,387.00 |
| Pension9 (max) | $ 1,000.00 |
| Age 65 and over9,11 | $ 4,497.00 |
| Age 65 and over9,11 Net income threshold | $ 33,473.00 |
| Medical expense threshold12 | $ 2,085.00 |
| Caregiver13 | $ 4,387.00 |
| Caregiver13 Net income threshold | $ 14,850.00 |
| Employment14 | na |
| Canada Pension Plan15 (max) | $ 2,544.00 |
| Employment Insurance15 (max) | $ 955.00 |
| Public transit pass costs16 | na |
| Children's fitness17 (max) and arts18 | $ 500.00 |
| Home buyers19 (max) | na |
| Tuition fees and interest paid on student loans20 | na |
| Education and textbook20 Full time-per month | $ 200.00 |
| Education and textbook20 Part time-per month | $ 60.00 |
| Charitable donations21 Credit rate on first $200 | 5.06% |
| Charitable donations21 Credit rate on balance | 14.7% |
| 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 | 47.7% |
| Combined Top Marginal Tax Rates For Individuals - Capital Gains | 23.85% |
| Combined Top Marginal Tax Rates For Individuals - Eligible Dividends | 31.3% |
| Combined Top Marginal Tax Rates For Individuals - Non-eligible Dividends | 40.61% |