Chapter 1 — Individuals
Federal and Provincial/Territorial Income Tax Rates and Brackets for 2014 and 2015 ...................2
Federal and Provincial Non-Refundable Tax Credit Rates and Amounts for 2014 .........................6
Quebec Non-Refundable Tax Credit Rates and Amounts for 2014 ............................................13
Quebec Refundable Tax Credit Rates and Amounts for 2014 ....................................................15
Charitable Donations .................................................................................................................18
Provincial Health Premiums .......................................................................................................22
Employment Withholdings—Federal .........................................................................................24
Employment Withholdings—Quebec ........................................................................................25
2014 Personal Tax Table—Federal Plus Provincial Tax .................................................................26
Federal and Provincial Alternative Minimum Tax ........................................................................28
Combined Top Marginal Tax Rates for Individuals—2014 ...........................................................30

Individual Marginal Tax Rates for Salary—2014 .........................................................................32
Individual Marginal Tax Rates for Interest—2014 ......................................................................33
Individual Marginal Tax Rates for Capital Gains—2014 .............................................................34
Individual Marginal Tax Rates for Eligible Dividends—2014 ......................................................35
Individual Marginal Tax Rates for Non-Eligible Dividends—2014 ..............................................37

Eligible Dividend Tax Credit Rates and Amount of Dividends

that may be Received Without Incurring Tax in 2014 .................................................................39
Non-Eligible Dividend Tax Credit Rates and Amount of Dividends

that may be Received Without Incurring Tax in 2014 .................................................................40
Automobiles—Deductions and Benefits ....................................................................................42
Canada Child Tax Benefit ............................................................................................................44
Old Age Security Benefits..........................................................................................................45
Canada/Quebec Pension Plan Benefits ......................................................................................46
Retirement and Savings Plans

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Contribution Limits .................................................................48

Growth of a Single $1,000 Contribution in a Tax-Deferred Plan .................................................50
Growth of Annual $1,000 Contributions in a Tax-Deferred Plan .................................................51
Instalment Requirements ..........................................................................................................52

Filing and Payment Deadlines and Penalties—Personal Tax Returns.........................................54

Table of Contents

© 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.

© 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.