Tax Credits

The following federal, provincial and territorial income tax credit amounts can be used in calculating employee source deductions in 2021.

2021 Federal Tax Credits
Basic Personal Amount1 $13,229.00
Spouse or Common-law Partner Amount $12,298.00
Canada Caregiver Amount for Infirm Children Under 18 $2,273.00
each child
Canada Caregiver Amount for Dependant(s) Age 18 or older $7,276.00
Eligible Pension Income Amount $2,000.00
Age 65 Amount $7,637.00
Disability Amount $8,576.00

2021 Provincial Tax Credits
Alberta $19,369.00
British Columbia $10,949.00
Manitoba $9,838.00
New Brunswick $10,459.00
Newfoundland & Labrador $9,498.00
Northwest Territories $15,093.00
Nova Scotia2 $11,481.00
Nunavut $16,304.00
Ontario $10,783.00
Prince Edward Island $10,000.00
Québec $15,532.00
Saskatchewan $16,065.00
Yukon $12,298.00

  1. If the employee’s net income from all sources for the year will be $150,473 or less, they would enter $13,229 [on the TD1]. If the employee’s net income will be between $150,473 and $214,368, and they would want to calculate a partial claim, obtain Form TD1-WS, Worksheet for the 2020 Personal Tax Credits Return, and fill in the appropriate section. If the net income is more than $214,368, the employee will enter $12,298.
  2. An additional Basic Personal Amount of $3,000 can be claimed by employees with an annual income of $25,000 or less. A partial credit can be claimed by employees with an annual income between $25,000 and $75,000. See form TD1NS and TD1NS-WS worksheet for details.