CD 2011-029
Subject: Federal, Provincial (excluding Quebec) and Territorial Personal Tax Credits – Effective January 1, 2012
December 16, 2011
1. Purpose
1.1. The purpose of this directive is to provide information concerning changes to the federal, provincial (excluding Quebec) and territorial personal tax credits for the 2012 taxation year.
1.2. A notice of information to employees concerning the above has been included with this Compensation Directive and will also be posted in the "Public Service Employee" page of the Compensation Sector Web site.
2. Background
2.1. Many of the personal tax credit amounts on the federal, provincial and territorial "Personal Tax Credits Return" (TD1) forms have been indexed for 2012. Indexing means that certain personal tax credit amounts will increase based on changes to the Consumer Price Index (CPI). For example, the federal indexing factor for 2012 is 2.8%. To calculate the indexed federal personal tax credit amounts for 2012, multiply the appropriate 2011 personal tax credit amounts by1.028.
3. Policy
3.1. Federal Personal Tax Credits
The Canada Revenue Agency (CRA) has announced that certain personal tax credit amounts have been indexed by 2.8% for the 2012 taxation year. The 2012 TD1 form has been revised to include these changes to the personal tax credit amounts. This form will be available at district taxation offices and from the CRA Web site at Forms listed by form number.
Family Caregiver Amount (FCA)
Beginning in 2012, a Family Caregiver Amount (FCA) in respect of an eligible infirm dependant will provide an additional $2,000, per dependant, for each of the following non refundable tax credits:
- child amount;
- spouse or common-law partner amount;
- amount for an eligible dependant;
- caregiver amount;
- and amount for infirm dependants age 18 or older
Employees who are eligible to receive the FCA must complete a new TD1 form in order to claim the new tax credit amounts.
The following table provides the changes to the federal personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $10,527 | $10,822 |
| Child amount | $2,131 | $2,191
(or $4,191 with FCA) |
| Age amount | maximum of $6,537 | maximum of $6,720 |
| Disability amount | maximum of $7,341 | maximum of $7,546 |
| Spouse or common-law partner amount | maximum of $10,527 | maximum of $10,822
(or $12,822 with FCA) |
| Amount for an eligible dependant | maximum of $10,527 | maximum of $10,822
(or $12,822 with FCA) |
| Caregiver amount | maximum of $4,282 | maximum of $4,402
(or $6,402 with FCA) |
| Amount for infirm dependants age 18 or older | maximum of $4,282 | maximum of $6,402
(includes FCA) |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 3, 6, 7, 8, 9 and 10 of the TD1 form. Non-indexed tax credits are the total of lines 4, 5, 11 and 12 of the TD1 form.
3.2. Provincial and Territorial Personal Tax Credits
Effective January 1, 2012, the following non-refundable personal tax credit amounts can be claimed by employees based on their province/territory of employment. Some personal tax credit amounts have been indexed for the 2012 taxation year. Each provincial and territorial TD1 form will be revised to include these changes to the personal tax credit amounts. These forms will be available at district taxation offices and from the CRA Web site at Forms listed by form number.
Newfoundland and Labrador
The following table provides the changes to the Newfoundland and Labrador personal tax credit amounts (indexing factor is 3.1%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $7,989 | $8,237 |
| Age amount | maximum of $5,100 | maximum of $5,258 |
| Disability amount | $5,391 | $5,558 |
| Spouse or common-law partner amount | maximum of $6,528 | maximum of $6,731 |
| Amount for an eligible dependant | maximum of $6,528 | maximum of $6,731 |
| Caregiver amount | $2,537 | $2,615 |
| Amount for infirm dependants age 18 or older | $2,537 | $2,616 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 5, 6, 7, 8 and 9 of the "Newfoundland and Labrador Personal Tax Credits Return" (TD1NL) form. Non-indexed tax credits are the total of lines 3, 4, 10 and 11 of the TD1NL form.
Nova Scotia
The following table provides the changes to the Nova Scotia personal tax credit effective January 1, 2012:
| Amount effective July 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $8,731 | $8,481 |
| Age amount | maximum of $4,263 | maximum of $4,141 |
| Pension income amount | maximum of $1,208 | maximum of $1,173 |
| Disability amount | maximum of $5,183 | maximum of $5,035 |
| Spouse or common-law partner amount | maximum of $7,413 | maximum of $7,201 |
| Amount for an eligible dependant | maximum of $7,413 | maximum of $7,201 |
| Caregiver amount | maximum of $5,043 | maximum of $4,898 |
| Amount for infirm dependants age 18 or older | maximum of $2,880 | maximum of $2,798 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 3, 5, 6, 7, 8 and 9 of the "Nova Scotia Personal Tax Credits Return" (TD1NS) form. Non-indexed tax credits are the total of lines 4,10 and 11 of the TD1NS form.
Prince Edward Island
There are no changes to the personal tax credit amounts for the province of Prince Edward Island.
New Brunswick
The following table provides the changes to the New Brunswick personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $8,953 | $9,203 |
| Age amount | maximum of $4,371 | maximum of $4,494 |
| Disability amount | maximum of $7,248 | maximum of $7,451 |
| Spouse or common-law partner amount | maximum of $7,602 | maximum of $7,815 |
| Amount for an eligible dependant | maximum of $7,602 | maximum of $7,815 |
| Caregiver amount | maximum of $4,228 | maximum of $4,346 |
| Amount for infirm dependants age 18 or older | maximum of $4,228 | maximum of $4,347 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 5, 6, 7, 8 and 9 of the "New Brunswick Personal Tax Credits Return" (TD1NB) form. Non-indexed tax credits are the total of lines 3, 4, 10 and 11 of the TD1NB form.
Ontario
The following table provides the changes to the Ontario personal tax credit amounts (indexing factor is 3.3%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $9,104 | $9,405 |
| Age amount | maximum of $4,445 | maximum of $4,592 |
| Pension income amount | $1,259 | $1,300 |
| Tuition and education amounts (full-time) | $490 | $506 |
| Tuition and education amounts (part-time) | $147 | $151 |
| Disability amount | maximum of $7,355 | maximum of $7,598 |
| Spouse or common-law partner amount | maximum of $7,730 | maximum of $7,986 |
| Amount for an eligible dependant | maximum of $7,730 | maximum of $7,986 |
| Caregiver amount | maximum of $4,291 | maximum of $4,433 |
| Amount for infirm dependants age 18 or older | maximum of $4,292 | maximum of $4,433 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 3, 4, 5, 6, 7, 8 and 9 of the "Ontario Personal Tax Credits Return" (TD1ON) form. Non-indexed tax credits are the total of lines 10 and 11 of the TD1ON form.
Manitoba
There are no changes to the personal tax credit amounts for the province of Manitoba.
Saskatchewan
The following table provides the changes to the Saskatchewan personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective July 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $14,535 | $14,942 |
| Age amount | maximum of $4,428 | maximum of $4,552 |
| Senior supplementary amount | $1,169 | $1,202 |
| Disability amount | maximum of $8,563 | maximum of $8,803 |
| Spouse or common-law partner amount | maximum of $14,535 | maximum of $14,942 |
| Amount for an eligible dependant | maximum of $14,535 | maximum of $14,942 |
| Child amount | $5,514 | $5,668 |
| Caregiver amount | maximum of $8,563 | maximum of $8,803 |
| Amount for infirm dependants age 18 or older | maximum of $8,563 | maximum of $8,803 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 3, 6, 7, 8, 9, 10 and 11 of the "Saskatchewan Personal Tax Credits Return" (TD1SK) form. Non-indexed tax credits are the total of lines 4, 5, 12 and13 of the TD1SK form
Alberta
The following table provides the changes to the Alberta personal tax credit amounts (indexing factor is 1.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $16,977 | $17,282 |
| Age amount | maximum of 4,731 | maximum of $4,816 |
| Pension income amount | $1,307 | $1,331 |
| Tuition and education amounts (full time) | $660 | $672 |
| Tuition and education amounts (part time) | $198 | $202 |
| Disability amount | maximum of $13,095 | maximum of $13,331 |
| Spouse or common-law partner amount | maximum of $16,977 | maximum of $17,282 |
| Amount for an eligible dependant | maximum of $16,977 | maximum of $17,282 |
| Caregiver amount | maximum of $9,827 | maximum of $10,004 |
| Amount for infirm dependants age 18 or older | maximum of $9,827 | maximum of $10,004 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 3, 4, 5, 6, 7, 8 and 9 of the "Alberta Personal Tax Credits Return" (TD1AB) form. Non-indexed tax credits are the total of lines 10 and 11 of the TD1AB form.
British Columbia
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $11,088 | $11,354 |
| Age amount | maximum of $4,252 | maximum of $4,356 |
| Disability amount | maximum of $7,114 | maximum of $7,285 |
| Spouse or common-law partner amount | maximum of $9,730 | maximum of $9,964 |
| Amount for an eligible dependant | maximum of $9,730 | maximum of $9,964 |
| Caregiver amount | maximum of $4,150 | maximum of $4,250 |
| Amount for infirm dependants age 18 or older | maximum of $4,151 | maximum of $4,250 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 5, 6, 7, 8 and 9 of the "British Columbia Personal Tax Credits Return" (TD1BC) form. Non-indexed tax credits are the total of lines 3, 4, 10 and 11 of the TD1BC form.
Yukon
The Yukon tax credit amounts will be harmonized with all federal personal amounts. Refer to section 3.1. above for information regarding the FCA for certain non refundable tax credits.
The following table provides the changes to the Yukon personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $10,527 | $10,822 |
| Child amount | $2,131 | $2,191
(or $4,191 with FCA) |
| Age amount | maximum of $6,537 | maximum of $6,720 |
| Disability amount | maximum of $7,341 | maximum of $7,546 |
| Spouse or common-law partner amount | maximum of $10,527 | maximum of $10,822
(or $12,822 with FCA) |
| Amount for an eligible dependant | maximum of $10,527 | maximum of $10,822
(or $12,822 with FCA) |
| Caregiver amount | maximum of $4,282 | maximum of $4,402
(or $6,402 with FCA) |
| Amount for infirm dependants age 18 or older | maximum of $4,282 | maximum of $6,402
(includes FCA) |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 3, 6, 7, 8, 9 and 10 of the "Yukon Personal Tax Credits Return" (TD1YT) form. Non-indexed tax credits are the total of lines 4, 5, 11 and 12 of the TD1YT form.
Northwest Territories
The following table provides the changes to the Northwest Territories personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $12,919 | $13,280 |
| Age amount | maximum of $6,319 | maximum of $6,496 |
| Disability amount | maximum of $10,476 | maximum of $10,770 |
| Spouse or common-law partner amount | maximum of $12,919 | maximum of $13,280 |
| Amount for an eligible dependant | maximum of $12,919 | maximum of $13,280 |
| Caregiver amount | maximum of $4,282 | maximum of $4,402 |
| Amount for infirm dependants age 18 or older | maximum of $4,282 | maximum of $4,402 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 5, 6, 7, 8 and 9 of the "Northwest Territories Personal Tax Credits Return" (TD1NT) form. Non-indexed tax credits are the total of lines 3, 4, 10 and 11 of the TD1NT form.
Nunavut
The following table provides the changes to the Nunavut personal tax credit amounts(indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $11,878 | $12,211 |
| Age amount | maximum of $8,909 | maximum of $9,158 |
| Disability amount | maximum of $11,878 | maximum of $12,211 |
| Spouse or common-law partner amount | maximum of $11,878 | maximum of $12,211 |
| Amount for an eligible dependant | maximum of $11,878 | maximum of $12,211 |
| Caregiver amount | maximum of $4,282 | maximum of $4,402 |
| Infirm dependant age 18 or older | maximum of $4,282 | maximum of $4,402 |
Indexed tax credits (shown in table above) are the total of lines 1, 2, 5, 6, 7, 8 and 9 of the "Nunavut Personal Tax Credits Return" (TD1NU) form. Non-indexed tax credits are the total of lines 3, 4, 10 and 11 of the TD1NU form.
4. Procedures and Instructions
4.1. Compensation systems are programmed to automatically reflect the basic personal amount, the spouse or common-law partner amount, and the amount for an eligible dependant.
Employees who wish to change their personal tax credit amounts must complete both the federal and the applicable provincial or territorial TD1 forms. An employee who changes province or territory of employment or moves to another province or territory should complete the appropriate provincial or territorial TD1 form. These forms are available from CRA tax services offices and from the CRA Web site at Forms listed by form number.
5. Inquiries
5.1. Any inquiries on the information contained in this document should be addressed to your Public Works and Government Services Canada (PWGSC) Compensation Services Office.
Original Signed by
Carrie E. Roussin
Carrie E. Roussin
Director General
Compensation Sector
Accounting, Banking and Compensation
Reference(s): CJA 9007-7, 9007-8
Information Notice to Employees
Federal, Provincial (excluding Quebec) and Territorial Personal Tax Credits - Effective January 1, 2012
The purpose of this directive is to provide information concerning changes to the federal, provincial (excluding Quebec) and territorial personal tax credits for the 2012 taxation year.
Many of the personal tax credit amounts on the federal, provincial and territorial "Personal Tax Credits Return" (TD1) forms have been indexed for 2012. Indexing means that certain personal tax credit amounts will increase based on changes to the Consumer Price Index (CPI). For example, the federal indexing factor for 2012 is 2.8%. To calculate the indexed federal personal tax credit amounts for 2012, multiply the appropriate 2011 personal tax credit amounts by 1.028.
Federal Personal Tax Credits
The Canada Revenue Agency (CRA) has announced that certain personal tax credit amounts have been indexed by 2.8% for the 2012 taxation year. The 2012 TD1 form has been revised to include these changes to the personal tax credit amounts. This form will be available at district taxation offices and from the CRA Web site at Forms listed by form number.
Family Caregiver Amount (FCA)
Beginning in 2012, a Family Caregiver Amount (FCA) in respect of an eligible infirm dependant will provide an additional $2,000, per dependant, for each of the following non refundable tax credits:
- child amount;
- spouse or common-law partner amount;
- amount for an eligible dependant;
- caregiver amount;
- and amount for infirm dependants age 18 or older.
Employees who are eligible to receive the FCA must complete a new TD1 form in order to claim the new tax credit amounts.
The following table provides the changes to the federal personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $10,527 | $10,822 |
| Child amount | $2,131 | $2,191
(or $4,191 with FCA) |
| Age amount | maximum of $6,537 | maximum of $6,720 |
| Disability amount | maximum of $7,341 | maximum of $7,546 |
| Spouse or common-law partner amount | maximum of $10,527 | maximum of $10,822
(or $12,822 with FCA) |
| Amount for an eligible dependant | maximum of $10,527 | maximum of $10,822
(or $12,822 with FCA) |
| Caregiver amount | maximum of $4,282 | maximum of $4,402
(or $6,402 with FCA) |
| Amount for infirm dependants age 18 or older | maximum of $4,282 | maximum of $6,402
(includes FCA) |
Provincial and Territorial Personal Tax Credits
Effective January 1, 2012, the following non-refundable personal tax credit amounts can be claimed by employees based on their province/territory of employment. Some personal tax credit amounts have been indexed for the 2012 taxation year. Each provincial and territorial TD1 form will be revised to include these changes to the personal tax credit amounts. These forms will be available at district taxation offices and from the CRA Web site at Forms listed by form number.
Newfoundland and Labrador
The following table provides the changes to the Newfoundland and Labrador personal tax credit amounts (indexing factor is 3.1%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $7,989 | $8,237 |
| Age amount | maximum of $5,100 | maximum of $5,258 |
| Disability amount | $5,391 | $5,558 |
| Spouse or common-law partner amount | maximum of $6,528 | maximum of $6,731 |
| Amount for an eligible dependant | maximum of $6,528 | maximum of $6,731 |
| Caregiver amount | $2,537 | $2,615 |
| Amount for infirm dependants age 18 or older | $2,537 | $2,616 |
Nova Scotia
The following table provides the changes to the Nova Scotia personal tax credits effective January 1, 2012:
| Amount effective July 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $8,731 | $8,481 |
| Age amount | maximum of $4,263 | maximum of $4,141 |
| Pension income amount | maximum of $1,208 | maximum of $1,173 |
| Disability amount | maximum of $5,183 | maximum of $5,035 |
| Spouse or common-law partner amount | maximum of $7,413 | maximum of $7,201 |
| Amount for an eligible dependant | maximum of $7,413 | maximum of $7,201 |
| Caregiver amount | maximum of $5,043 | maximum of $4,898 |
| Amount for infirm dependants age 18 or older | maximum of $2,880 | maximum of $2,798 |
Prince Edward Island
There are no changes to the personal tax credit amounts for the province of Prince Edward Island.
New Brunswick
The following table provides the changes to the New Brunswick personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $8,953 | $9,203 |
| Age amount | maximum of $4,371 | maximum of $4,494 |
| Disability amount | maximum of $7,248 | maximum of $7,451 |
| Spouse or common-law partner amount | maximum of $7,602 | maximum of $7,815 |
| Amount for an eligible dependant | maximum of $7,602 | maximum of $7,815 |
| Caregiver amount | maximum of $4,228 | maximum of $4,346 |
| Amount for infirm dependants age 18 or older | maximum of $4,228 | maximum of $4,347 |
Ontario
The following table provides the changes to the Ontario personal tax credit amounts (indexing factor is 3.3%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $9,104 | $9,405 |
| Age amount | maximum of $4,445 | maximum of $4,592 |
| Pension income amount | $1,259 | $1,300 |
| Tuition and education amounts (full-time) | $490 | $506 |
| Tuition and education amounts (part-time) | $147 | $151 |
| Disability amount | maximum of $7,355 | maximum of $7,598 |
| Spouse or common-law partner amount | maximum of $7,730 | maximum of $7,986 |
| Amount for an eligible dependant | maximum of $7,730 | maximum of $7,986 |
| Caregiver amount | maximum of $4,291 | maximum of $4,433 |
| Amount for infirm dependants age 18 or older | maximum of $4,292 | maximum of $4,433 |
Manitoba
There are no changes to the personal tax credit amounts for the province of Manitoba.
Saskatchewan
The following table provides the changes to the Saskatchewan personal tax credit amounts(indexing factor is 2.8%) effective January 1, 2012:
| Amount effective July 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $14,535 | $14,942 |
| Age amount | maximum of $4,428 | maximum of $4,552 |
| Senior supplementary amount | $1,169 | $1,202 |
| Disability amount | maximum of $8,563 | maximum of $8,803 |
| Spouse or common-law partner amount | maximum of $14,535 | maximum of $14,942 |
| Amount for an eligible dependant | maximum of $14,535 | maximum of $14,942 |
| Child amount | $5,514 | $5,668 |
| Caregiver amount | maximum of $8,563 | maximum of $8,803 |
| Amount for infirm dependants age 18 or older | maximum of $8,563 | maximum of $8,803 |
Alberta
The following table provides the changes to the Alberta personal tax credit amounts (indexing factor is 1.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $16,977 | $17,282 |
| Age amount | maximum of 4,731 | maximum of $4,816 |
| Pension income amount | $1,307 | $1,331 |
| Tuition and education amounts (full time) | $660 | $672 |
| Tuition and education amounts (part time) | $198 | $202 |
| Disability amount | maximum of $13,095 | maximum of $13,331 |
| Spouse or common-law partner amount | maximum of $16,977 | maximum of $17,282 |
| Amount for an eligible dependant | maximum of $16,977 | maximum of $17,282 |
| Caregiver amount | maximum of $9,827 | maximum of $10,004 |
| Amount for infirm dependants age 18 or older | maximum of $9,827 | maximum of $10,004 |
British Columbia
The following table provides the changes to the British Columbia personal tax credit amounts (indexing factor is 2.4%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $11,088 | $11,354 |
| Age amount | maximum of $4,252 | maximum of $4,356 |
| Disability amount | maximum of $7,114 | maximum of $7,285 |
| Spouse or common-law partner amount | maximum of $9,730 | maximum of $9,964 |
| Amount for an eligible dependant | maximum of $9,730 | maximum of $9,964 |
| Caregiver amount | maximum of $4,150 | maximum of $4,250 |
| Amount for infirm dependants age 18 or older | maximum of $4,151 | maximum of $4,250 |
Yukon
The Yukon tax credit amounts will be harmonized with all federal personal amounts. Refer to section 3.1. above for information regarding the FCA for certain non refundable tax credits.
The following table provides the changes to the Yukon personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $10,527 | $10,822 |
| Child amount | $2,131 | $2,191
(or $4,191 with FCA) |
| Age amount | maximum of $6,537 | maximum of $6,720 |
| Disability amount | maximum of $7,341 | maximum of $7,546 |
| Spouse or common-law partner amount | maximum of $10,527 | maximum of $10,822
(or $12,822 with FCA) |
| Amount for an eligible dependant | maximum of $10,527 | maximum of $10,822
(or $12,822 with FCA) |
| Caregiver amount | maximum of $4,282 | maximum of $4,402
(or $6,402 with FCA) |
| Amount for infirm dependants age 18 or older | maximum of $4,282 | maximum of $6,402
(includes FCA) |
Northwest Territories
The following table provides the changes to the Northwest Territories personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $12,919 | $13,280 |
| Age amount | maximum of $6,319 | maximum of $6,496 |
| Disability amount | maximum of $10,476 | maximum of $10,770 |
| Spouse or common-law partner amount | maximum of $12,919 | maximum of $13,280 |
| Amount for an eligible dependant | maximum of $12,919 | maximum of $13,280 |
| Caregiver amount | maximum of $4,282 | maximum of $4,402 |
| Amount for infirm dependants age 18 or older | maximum of $4,282 | maximum of $4,402 |
Nunavut
The following table provides the changes to the Nunavut personal tax credit amounts (indexing factor is 2.8%) effective January 1, 2012:
| Amount effective January 1, 2011 | Amount effective January 1, 2012 | |
|---|---|---|
| Basic personal amount | $11,878 | $12,211 |
| Age amount | maximum of $8,909 | maximum of $9,158 |
| Disability amount | maximum of $11,878 | maximum of $12,211 |
| Spouse or common-law partner amount | maximum of $11,878 | maximum of $12,211 |
| Amount for an eligible dependant | maximum of $11,878 | maximum of $12,211 |
| Caregiver amount | maximum of $4,282 | maximum of $4,402 |
| Infirm dependant age 18 or older | maximum of $4,282 | maximum of $4,402 |
Compensation systems are programmed to automatically reflect the basic personal amount, the spouse or common-law partner amount, and the amount for an eligible dependant.
Employees who wish to change their personal tax credit amounts must complete both the federal and the applicable provincial or territorial TD1 forms. An employee who changes province or territory of employment or moves to another province or territory should complete the appropriate provincial or territorial TD1 form. These forms are available from CRA tax services offices and from the CRA Web site at Forms listed by form number.
Any inquiries on the information contained in this document should be addressed to your compensation advisor.
- Date modified: