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Provincial Changes
 |
Alberta |
Alberta has the lowest tax rate in all of Canada. Alberta has
also implemented a flat tax rate, which is 10% of the taxable income
irrespective of the income the taxpayer earns. Alberta is the first
province to introduce flat tax.
With no sales tax, payroll tax, or capital tax, and with the lowest
fuel tax in Canada, Albertans enjoy one of the lowest overall
personal and business tax loads in the country.
|
Alberta Non-Refundable Tax Credit |
| |
2010 |
2011 |
| Basic
personal amount |
16,825 |
16,977 |
| Spouse/Common-Law Partner amount/Amount
for eligible dependent |
16,825 |
16,977 |
| Age Amount |
4,689 |
4,731 |
| Amount for infirm dependents |
9,740 |
9,827 |
| Caregiver Amount |
9,739 |
9,827 |
| Pension Income amount |
1,296 |
1,307 |
| Disability amount |
12,979 |
13,095 |
| Disability Supplement |
9,740 |
9,827 |
| Adoption Expenses |
11,507 |
11,611 |
| Education Credit (Full Time) |
654/month |
660/month |
| Education Credit (Part Time) |
196/month |
198/month |
| Tuition & Education Amount Transferred |
5,000 |
5,000 |
| Medical Expenses threshold |
2,174 |
2,194 |
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