2012 indexation adjustment for personal income tax and benefit amounts

2012
(in dollars)

2011
(in dollars)

Tax bracket thresholds

Taxable income above which the 22 per cent bracket begins

$42,707

$41,544

Taxable income above which the 26 per cent bracket begins

$85,414

$83,088

Taxable income above which the 29 per cent bracket begins

$132,406

$128,800

Amounts relating to non-refundable tax credits

Basic personal amount

$10,822

$10,527

Age amount

$6,720

$6,537

Net income threshold

$33,884

$32,961

Spouse or common-law partner amount (maximum)

$10,822

$10,527

Spouse or common-law partner amount (maximum if eligible for the family caregiver amount)

$12,822

N/A

Amount for an eligible dependant (maximum)

$10,822

$10,527

Amount for an eligible dependant (maximum if dependant eligible for the family caregiver amount)

$12,822

N/A

Amount for children under age 18 (maximum per child)

$2,191

$2,131

Amount for children under age 18 (maximum per child eligible for the family caregiver amount)

$4,191

N/A

Canada employment amount (maximum)

$1,095

$1,065

Infirm dependant amount (maximum per dependant)

$6,402 (includes family caregiver amount of $2,000)

$4,282

Net income threshold

$6,420

$6,076

Caregiver amount (maximum per dependant)

$4,402

$4,282

Caregiver amount (maximum per dependant eligible for the family caregiver amount)

$6,402

N/A

Net income threshold

$15,033

$14,624

Disability amount

$7,546

$7,341

Supplement for children with disabilities (maximum)

$4,402

$4,282

Threshold relating to allowable child care and attendant care expenses

$2,578

$2,508

Adoption expenses (maximum per adoption)

$11,440

$11,128

Medical expense tax credit — three per cent of net income ceiling

$2,109

$2,052

Refundable medical expense supplement

Maximum supplement

$1,119

$1,089

Minimum earnings threshold

$3,268

$3,179

Family net income threshold

$24,783

$24,108

Old Age Security repayment threshold

$69,562

$67,668

Certain board and lodging allowances paid to players
on sports teams or members of recreation programs

Income exclusion (maximum per month)

$329

$320

Tradesperson’s tools deduction

Threshold amount relating to cost of eligible tools

$1,095

$1,065

Goods and Services Tax/Harmonized Sales Tax credit

Adult maximum

$260

$253

Child maximum

$137

$133

Single supplement

$137

$133

Phase-in threshold for the single supplement

$8,439

$8,209

Family net income at which credit begins to phase out

$33,884

$32,961

Canada Child Tax Benefit

Base benefit

$1,405

$1,367

Additional benefit for third child

$98

$95

Family net income at which base benefit begins to phase out

$42,707

$41,544

National Child Benefit (NCB) supplement

First child

$2,177

$2,118

Second child

$1,926

$1,873

Third child

$1,832

$1,782

Family net income at which NCB supplement begins to phase out

$24,863

$24,183

Family net income at which NCB supplement phase-out is complete

$42,707

$41,544

Canada Disability Benefit (CDB)

Maximum benefit

$2,575

$2,504

Family net income at which CDB supplement begins to phase out

$42,707

$41,544

Children’s Special Allowances (CSA)

CSA Base Amount

$3,582

$3,485