Ontario

Main non-refundable tax credits 2023

This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.

For rates in 2024, consult this pdf.

Federal (15%) Ontario (5.05%)
$ $
Basic personal amount 15,0001 11,865
Spouse and eligible dependant 15,0001,2,3 10,0754
Caregiver for a dependant aged 18 and older who has a disability5 7,9996 5,5937
Employment amount 1,3688 n/a
Age amount 8,3969 5,79310
Retirement income 2,000 1,641
Person suffering from a disability Supplement
(- 18 years of age)
9,428
5,50011
9,586
5,59112
Adoption fees 18,21013 14,47613
Volunteer firefighters 3,000 n/a
Search and rescue volunteer 3,000 n/a
Purchase of first home 5,000 n/a
Home accessibility 10,00013 n/a14
Medical expenses
  • 15% of expenses which exceed the lesser of $2,635 or 3% of applicant’s
    net income
  • No limit for dependants
  • 5.05% of expenses which exceed the lesser
    of $2,685 or 3% of applicant’s net income
  • Maximum medical expenses for dependant of $14,476
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
  • 5.05% on the first $200 and 11.16% on excess amount

1 Gradually reduced when revenue exceeds $165,430, to a minimum of $13,521 when revenue reaches $235,675.
2 Reduced by net income of spouse or dependant.
3 Potential $2,499 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 $1,007 (nil at $11,082).
5 Other than a person for whom the spouse tax credit or eligible dependant tax credit is claimed.
6 Reduced by each $1 of net income of the dependant in excess of $18,873 (nil at $26,782).
7 Reduced by each $1 of net income of the dependant in excess of $19,133 (nil at $24,726).
8 Amount equal to taxpayer’s employment income for the year (max. $1,368).
9 Reduced by 15% for each $1 exceeding $42,335 (nil at $98,308).
10 Reduced by 15% for each $1 exceeding $43,127 (nil at $81,747).
11 Reduced by child care and caregiver expenses exceeding $3,221 (nil at $8,721).
12 Reduced by child care and caregiver expenses exceeding $3,275 (nil at $8,866).
13 Maximum amount of expenses eligible for the credit.
14 Refundable tax credit available in Ontario.
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