6 /
Federal and Provincial Non-Refundable Tax Credit Rates and
Amounts for 2014
1
Refer to notes on the following pages.
Ref. = indicates refundable credit
- see applicable note.
Federal
B.C.
Alta.
Sask.
Man.
2
Tax rate applied to credits
15.00%
5.06%
10.00%
11.00%
10.80%
Indexation factor
4
0.90%
0.10%
1.10%
0.90%
n/a
Basic personal
$11,138
$9,869
$17,787
$15,378
$9,134
Spousal/partner and wholly
dependant person
5,6,14
Net income threshold
11,138
—
8,450
845
17,787
—
15,378
1,538
9,134
—
Dependants
7, 14
:
18 and over and infirm
Net income threshold
6,589
6,607
4,318
6,879
10,296
6,802
9,060
6,428
3,605
5,115
Child
8,14
(max)
2,255
—
—
5,834
—
Adoption
9
15,000
11,774
12,165
—
10,000
Disability
10
7,766
7,402
13,720
9,060
6,180
Disability supplement
11
4,530
4,357
10,296
9,060
3,605
Pension
10
(max)
2,000
1,000
1,370
1,000
1,000
Age 65 and over
10,12
Net income threshold
6,916
34,873
4,426
32,943
4,957
36,898
4,684
34,873
3,728
27,749
Medical expense threshold
13
2,171
2,071
2,298
2,171
1,728
Caregiver
14
Net income threshold
4,530
15,472
4,318
14,615
10,296
16,371
9,060
15,473
3,605
12,312
Employment
15
1,127
—
Ref.
—
—
Canada Pension Plan
16
(max)
2,426
2,426
2,426
2,426
2,426
Employment Insurance
16
(max)
914
914
914
914
914
Public transit pass costs
17
—
—
—
—
—
Children’s fitness
18
(max) and
arts
19
1,000
500
—
Ref.
500
Family Tax Cut
20
2,000
—
—
—
—
Home buyers
21
(max)
5,000
—
—
10,000
—
Tuition fees and interest paid on
student loans
22
Education and textbook
22
Full time—per month
Part time—per month
465
140
200
60
691
207
400
120
400
120
Charitable donations
23
Credit rate on first $200
Credit rate on balance
15.00%
29.00%
5.06%
14.70%
10.00%
21.00%
11.00%
15.00%
10.80%
17.40%
© 2014 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms
affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Current as of December 31, 2014