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
| 2014 | 2015 | |
|---|---|---|
| Basic personal amount | $17,787 | $18,214 |
| Spouse/Common-Law Partner amount/Amount for eligible dependent |
$17,787 | $18,214 |
| Age Amount | $4,957 | $5,076 |
| Amount for infirm dependents | $10,296 | $10,543 |
| Caregiver Amount | $10,296 | $10,544 |
| Pension Income amount | $1,370 | $1,402 |
| Disability amount | $13,720 | $14,050 |
| Disability Supplement | $10,296 | $10,543 |
| Adoption Expenses | $12,165 | $12,457 |
| Education Credit (Full Time) | $691/month | $708/month |
| Education Credit (Part Time) | $207/month | $212/month |
| Tuition & Education Amount Transferred | $5,000 | $5,000 |
| Medical Expenses threshold | $2,298 | $2,273 |