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 |
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Charitable donations |
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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.
This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.
Main non-refundable tax credits 2023
Ontario