Prince Edward Island income tax rates and brackets

The following table lists the income tax rates and brackets in Prince Edward Island for 2015. It is based on taxable income. Income Tax Bracket Income tax Rate 0 – $31,984 9.8% $31,984.01 – $63,969 13.8% $63,969.01 and up 16.7%

Eligibility of children’s fitness amount

To be eligible for children’s fitness amount, the child must have been under age 16 (under age 18 if the child is eligible for the disability tax credit)¬†at the beginning the year in which an eligible fitness expense was paid. Activity Substantially all the activities must include a significant amount of physical activity that contributes…