New Brunswick

Main Non-Refundable Tax Credits 2021

 

This document is up to date as of August 1, 2021 and reflects the status of legislation, including proposed amendments at this date.

Federal
(15 %)
New Brunswick
(9,40 %)
$ $
Basic personal amount 13,8081 10,564
Spouse and eligible dependant 13,8081, 2,3 8,9704
Disabled dependant aged 18 and older5 n/a
4,9896
Caregiver for a dependant aged 18 and older who has a disability7 7,3488 n/a
Caregiver n/a 4,9899
Employment amount 1,25710 n/a
Age amount 7,71311 5,15812
Retirement income 2,000 1,000
Person suffering from a disability
Supplement (- 18 years of age)
8,662
5,05313
8,552
4,98914
Adoption fees 16,72915 n/a
Volunteer firefighters  3,000 n/a
Search and rescue volunteer  3,000 n/a
Purchase of first home  5,000 n/a
Home accessibility  10,00015 n/a16
Medical expenses
  • 15% of expenses which exceed the lesser of $2,421 or 3% of applicant’s net income
  • 9.4% of expenses which exceed the lesser of $2,391 or 3% of applicant’s net income
Charitable donations
  • Max. donations: 75% of net income
  • 15% on the first $200 and 29% or 33% on excess amount
  • Max. donations: 75% of net income
  • 9.4% on the first $200 and 17.95% on excess amount

1 Gradually reduced when revenue exceeds $151,978, to a minimum of $12,421 when revenue reaches $216,511.
2 Reduced by net income of spouse or dependant.
3 Potential $2,295 additional amount if eligible for Canadian caregiver tax credit (also offered for a dependant child under 18 years of age).
4 Reduced for each $1 exceeding $898 (nil at $9,868).
5 Other than a person for whom the tax credit for caregivers is claimed.
6 Reduced for each $1 exceeding $7,078 (nil at $12,068).
7 Other than a person for whom the spouse tax credit or eligible dependant tax credit is claimed.
8 Reduced by each $1 of net income of the dependant in excess of $17,256 (nil at $24,604).
9 Reduced for each $1 exceeding $17,038 (nil at $22,027).
10 Amount equal to taxpayer’s employment income for the year (max. $1,257).
11 Reduced by 15% for each $1 exceeding $38,893 (nil at $90,313).
12 Reduced by 15% for each $1 exceeding $38,400 (nil at $72,787).
13 Reduced by child care and caregiver expenses exceeding $2,959 (nil at $8,012).
14 Reduced by child care and caregiver expenses exceeding $2,921 (nil at $7,910).
15 Maximum amount of expenses eligible for the credit.
16 Refundable tax credit available in New Brunswick.
News and Insights