The following information is now available on the CRA Web site:
Fact Sheet:
Each year, certain personal income tax and benefit amounts are indexed to inflation using the Consumer Price Index data as reported by Statistics Canada.
Increases to tax bracket thresholds, amounts relating to non‑refundable credits, and most other amounts will take effect on January 1, 2011. However, increases to the Canada Child Tax Benefit (including the National Child Benefit Supplement and the Child Disability Benefit) and the goods and services tax credit will take effect on July 1, 2011, to coincide with the beginning of the program year for payment of these benefits.
The following chart compares the indexed amounts for the 2010 and 2011 tax years. It reflects an indexation increase of 1.4% for 2011.
2011
($)2010
($)Tax bracket thresholds
Taxable income above which the 22% bracket begins
41,544
40,970
Taxable income above which the 26% bracket begins
83,088
81,941
Taxable income above which the 29% bracket begins
128,800
127,021
Amounts relating to non‑refundable tax credits
Basic personal amount
10,527
10,382
Age amount
6,537
6,446
Net income threshold
32,961
32,506
Spouse or common-law partner amount (max.)
10,527
10,382
Amount for an eligible dependant (max.)
10,527
10,382
Amount for children under age 18 (max. per child)
2,131
2,101
Canada employment amount (max.)
1,065
1,051
Infirm dependant amount (max. per dependant)
4,282
4,223
Net income threshold
6,076
5,992
Caregiver amount (max. per dependant)
4,282
4,223
Net income threshold
14,624
14,422
Disability amount
7,341
7,239
Supplement for children with disabilities (max.)
4,282
4,223
Threshold relating to allowable child care and attendant care expenses
2,508
2,473
Adoption expenses (max. per adoption)
11,128
10,975
Medical expense tax credit—3% of net income ceiling
2,052
2,024
Refundable medical expense supplement
Maximum supplement
1,089
1,074
Minimum earnings threshold
3,179
3,135
Family net income threshold
24,108
23,775
Old Age Security repayment threshold
67,668
66,733
Certain board and lodging allowances paid to players
on sports teams or members of recreation programsIncome exclusion (max. per month)
320
315
Tradesperson’s tools deduction
Threshold amount relating to cost of eligible tools
1,065
1,051
Goods and Services Tax/Harmonized Sales Tax credit
Adult maximum
253
250
Child maximum
133
131
Single supplement
133
131
Phase-in threshold for the single supplement
8,209
8,096
Family net income at which credit begins to phase out
32,961
32,506
Canada Child Tax Benefit
Base benefit
1,367
1,348
Additional benefit for third child
95
94
Family net income at which base benefit begins to phase out
41,544
40,970
National Child Benefit (NCB) supplement
First child
2,118
2,088
Second child
1,873
1,848
Third child
1,782
1,758
Family net income at which NCB supplement begins to phase out
24,183
23,855
Family net income at which NCB supplement phase-out is complete
41,544
40,970
Canada Disability Benefit (CDB)
Maximum benefit
2,504
2,470
Family net income at which CDB supplement begins to phase out
41,544
40,970
Children’s Special Allowances (CSA)
CSA Base Amount
3,485
3,436
Source: CRA Newsroom
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