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Federal and Provincial Non-Refundable Tax Credit Rates and Amounts for 2014
Ont.
N.B.
N.S.
P.E.I.
3
Nfld.
Tax rate applied to credits
5.05%
9.68%
8.79%
9.80%
7.70%
Indexation factor
5
1.00%
0.90%
n/a
n/a
1.50%
Basic personal
$9,670
$9,472
$8,481
$7,708
$8,578
Spousal/partner and wholly
dependant person
5,6,14
Net income threshold
8,211
821
8,043
805
8,481
848
6,546
655
7,009
702
Dependants
7, 14
:
18 and over and infirm
Net income threshold
4,558
6,478
4,473
6,347
2,798
5,683
2,446
4,966
2,724
5,854
Child
8,14
(max)
—
—
1,200
1,200
7,000
Adoption
9
11,797
—
—
—
11,576
Disability
10
7,812
7,668
7,341
6,890
5,788
Disability supplement
11
4,556
4,474
3,449
4,019
2,724
Pension
10
(max)
1,337
1,000
1,173
1,000
1,000
Age 65 and over
10,12
Net income threshold
4,721
35,146
4,625
34,431
4,141
30,828
3,764
28,019
5,476
30,007
Medical expense threshold
13
2,189
2,143
1,637
1,678
1,869
Caregiver
14
Net income threshold
4,557
15,593
4,473
15,277
4,898
13,677
2,446
11,953
2,724
13,313
Employment
15
—
—
—
—
—
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
Ref.
—
500
—
—
Family Tax Cut
20
—
—
—
—
—
Home buyers
21
(max)
—
—
—
—
—
Tuition fees and interest paid on
student loans
22
Education and textbook
22
Full time—per month
Part time—per month
520
156
400
120
200
60
400
120
200
60
Charitable donations
23
Credit rate on first $200
Credit rate on balance
5.05%
11.16%
9.68%
17.95%
8.79%
21.00%
9.80%
16.70%
7.70%
13.30%
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affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Current as of December 31, 2014