The following table lists the income tax rates and brackets in Nunavut for 2013. It is based on taxable income.
Nunavut income tax rates and brackets 2013
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Author: Simon Zhong
Nunavut income tax rates and brackets
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The following table lists the income tax rates and brackets in Nunavut for 2015. It is based on taxable income.
Northwest Territories income tax rates and brackets 2014
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The following table lists the income tax rates and brackets in Northwest Territories for 2014. It is based on taxable income.
Northwest Territories income tax rates and brackets 2013
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The following table lists the income tax rates and brackets in Northwest Territories for 2013. It is based on taxable income.
Northwest Territories income tax rates and brackets
Posted on
The following table lists the income tax rates and brackets in Northwest Territories for 2015. It is based on taxable income.
Eligibility of family caregiver tax credit
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To be eligible the family caregiver amount (FCA), the dependant with the impairment must be: an individual 18 years of age or older and dependent on you because of an impairment in physical or mental functions; or a child under 18 years of age, with an impairment in physical or mental functions. The impairment must be…
How much is amount for an infirm dependant aged 18 or older for 2013?
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In 2013, the full amount for infirm dependants age 18 or older is $6,530, which includes the $2,040 family caregiver amount, providing you with a maximum tax credit of $979.50 (15% of $6,530). The credit is a non-refundable tax credit. The amount is reduced dollar by dollar by your dependant’s net income (line 236 of his or her…
How much amount for an infirm dependant aged 18 or older you can claim on line 306 for 2012
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In 2012, the full amount for infirm dependants age 18 or older is $6,402, which includes the $2,000 family caregiver amount, providing you with a maximum tax credit of $960.30 (15% of $6,402). The credit is a non-refundable tax credit. The amount is reduced dollar by dollar by your dependant’s net income (line 236 of his or her…
What are carrying charges and interests deductible on line 221
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Certain carrying charges and interests you paid to earning investment income can be deducted on line 221. The deductible carrying charges and interests include:
Changes to the deduction for safety deposit boxes
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If you incur certain expenses (called carrying charges) to earn investment income, the charges are tax deductible. They are claimed on line 221 of your tax return. The cost of renting a safety deposit box used to be tax deductible carrying charge. But the deduction for safety deposit boxes was no longer allowed for taxation…