Tax Credits

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The following federal, provincial and territorial income tax credit amounts can be used in calculating employee source deductions in 2011.

2012 Federal Tax Credits
Basic Person $10,822.00
Equivalent to Spouse $10,822.00
Amount for Infirm Dependants 18 or Older $6,402.00
Eligible Pension Income Amount $2,000.00
Age 65 Amount $6,720.00
Disability Amount $7,546.00
Caregiver Amount $4,402.00
Education Amount (Full-Time) $465.00/month
Education Amount (Part-Time) $140.00/month
2012 Provincial Tax Credits
British Columbia $11,354.00
Alberta $17,282.00
Saskatchewan $14,942.00
Manitoba $8,634.00
Ontario $9,405.00
Quebec $10,925.00
New Brunswick $9,203.00
Nova Scotia $8,481.00
Prince Edward Island $7,708.00
Newfoundland & Labrador $8,237.00
Yukon $10,822.00
Northwest Territories $13,280.00
Nunavut $12,211.00
2011 Technology Fast500™