Statutory holiday in February • Legislative breakdown for each province
Reminder: Statutory holiday in February
Monday, Feb. 17 is Family Day in Ontario, Saskatchewan, Alberta, Manitoba (Louis Riel Day) and Prince Edward Island (Islander Day). In British Columbia, Family Day falls on Monday, Feb. 10.
Alberta
Changes to TD1AB amounts for 2014
For 2014, personal amounts claimed on an Alberta Personal Tax Credits Return (TD1AB) have been revised to reflect an indexing factor of 1.1 per cent. As a result, the following maximum amounts apply:
Basic personal amount — $17,787
Age amount — $4,957
Pension income amount — $1,370
Education amount — full-time — $8,292
Education amount — part-time — $2,484
Disability amount — $13,720
Spouse, common-law partner or eligible dependant amount — $17,787
Caregiver amount — $10,296
Amount for infirm dependants 18 and older — $10,296
British Columbia
Changes to TD1BC amounts for 2014
For 2014, personal amounts claimed on a British Columbia Personal Tax Credits Return (TD1BC) have been revised to reflect an indexing factor of 0.1 per cent. As a result, the following maximum amounts apply:
Basic personal amount — $9,869
Age amount — $4,426
Pension income amount — $1,000
Education amount — full-time — $2,400
Education amount — part-time — $720
Disability amount — $7,402
Spouse, common-law partner or eligible dependant amount — $8,450
Caregiver amount — $4,318
Amount for infirm dependants 18 and older — $4,318
Assessable earnings maximum for 2014
WorkSafeBC has set the maximum assessable earnings for workers’ compensation at $77,900. The maximum was $75,700 in 2013.
Manitoba
Minimum wage exemption no longer applies
Manitoba has amended The Employment Standards Code to abolish an exemption that allowed employers to apply to Employment Standards for permission to pay wages below the minimum wage rate to employees with physical or mental disabilities.
The government introduced
Bill 15, The Employment Standards Code Amendment Act (Minimum Wage Protection for Employees with Disabilities), in the legislature in late 2012 and it received royal assent on Dec. 5.
The change does not affect permits already in effect.
New Brunswick
Changes to TD1NB amounts for 2014
For 2014, personal amounts claimed on a New Brunswick Personal Tax Credits Return (TD1NB) have been revised to reflect an indexing factor of 0.9 per cent. As a result, the following maximum amounts apply:
Basic personal amount — $9,472
Age amount — $4,625
Pension income amount — $1,000
Education amount — full-time — $4,800
Education amount — part-time — $1,440
Disability amount — $7,668
Spouse, common-law partner or eligible dependant amount — $8,043
Caregiver amount — $4,473
Amount for infirm dependants 18 and older — $4,473
Newfoundland and Labrador
Changes to TD1NL amounts for 2014
For 2014, personal amounts claimed on a Newfoundland and Labrador Personal Tax Credits Return (TD1NL) have been revised to reflect an indexing factor of 1.5 per cent. As a result, the following maximum amounts apply:
Basic personal amount — $8,578
Age amount — $5,476
Pension income amount — $1,000
Education amount — full-time — $2,400
Education amount — part-time — $720
Disability amount — $5,788
Spouse, common-law partner or eligible dependant amount — $7,009
Caregiver amount — $2,724
Amount for infirm dependants 18 and older — $2,724
Northwest Territories
Changes to TD1NT amounts for 2014
For 2014, personal amounts claimed on a Northwest Territories Personal Tax Credits Return (TD1NT) have been revised to reflect an indexing factor of 0.9%. As a result, the following maximum amounts apply:
Basic personal amount — $13,668
Age amount — $6,686
Pension income amount — $1,000
Education amount—full-time — $4,800
Education amount—part-time — $1,440
Disability amount — $11,084
Spouse, common-law partner or eligible dependant amount — $13,668
Caregiver amount — $4,531
Amount for infirm dependants 18 and older — $4,530
Nova Scotia
No changes to TD1NS amounts for 2014
For 2014, personal amounts claimed on a Nova Scotia Personal Tax Credits Return (TD1NS) remain the same as they were in 2013:
Basic personal amount — $8,481
Age amount — $4,141
Pension income amount — $1,173
Education amount — full time — $2,400
Education amount — part-time — $720
Disability amount — $7,341
Spouse, common-law partner — $8,481
Eligible dependant amount — $8,481
Caregiver amount — $4,898
Amount for infirm dependants 18 and older — $2,798
Nunavut
Changes to TD1NU amounts for 2014
For 2014, personal amounts claimed on a Nunavut Personal Tax Credits Return (TD1NU) have been revised to reflect an indexing factor of 0.9 per cent. As a result, the following maximum amounts apply:
Basic personal amount — $12,567
Age amount — $9,425
Pension income amount — $2,000
Education amount — full-time — $4,800
Education amount — part-time — $1,440
Disability amount — $12,567
Spouse, common-law partner or eligible dependant amount — $12,567
Caregiver amount — $4,531
Amount for infirm dependants 18 and older — $4,530.
Ontario
Changes to TD1ON amounts for 2014
For 2014, personal amounts claimed on an Ontario Personal Tax Credits Return (TD1ON) have been revised to reflect an indexing factor of one per cent. As a result, the following maximum amounts apply when using the TD1ON for Ontario workers:
Basic personal amount — $9,670
Age amount — $4,721
Pension income amount — $1,337
Education amount — full-time — $6,240
Education amount — part-time — $1,872
Disability amount — $7,812
Spouse, common-law partner or eligible dependant amount — $8,211
Caregiver amount — $4,557
Amount for infirm dependants 18 and older — $4,558
Prince Edward Island
No changes to TD1PE
For 2014, personal amounts claimed on a Prince Edward Island Personal Tax Credits Return (TD1PE) remain the same as they were in 2013:
Basic personal amount — $7,708
Age amount — $3,764
Pension income amount — $1,000
Education amount — full time — $4,800
Education amount — part-time — $1,440
Disability amount — $6,890
Spouse, common-law partner — $6,546
Eligible dependant amount — $6,294
Caregiver amount — $2,446
Amount for infirm dependants 18 and older — $2,446
Saskatchewan
Changes to TD1SK
For 2014, personal amounts claimed on a Saskatchewan Personal Tax Credits Return (TD1SK) have been revised to reflect an indexing factor of 0.9 per cent. As a result, the following maximum amounts apply:
Basic personal amount — $15,378
Age amount — $4,684
Pension income amount — $1,000
Education amount — full-time — $4,800
Education amount — part-time — $1,440
Disability amount — $9,060
Spouse, common-law partner or eligible dependant amount — $15,378
Caregiver amount — $9,060
Amount for infirm dependants 18 and older — $9,060
Senior supplement — $1,237
Child amount — $5,834/child
Yukon
Changes to TD1YT amounts for 2014
For 2014, personal amounts claimed on a Yukon Personal Tax Credits Return (TD1YK) have been revised to reflect an indexing factor of 0.9 per cent. As a result, the following maximum amounts apply:
Basic personal amount — $11,138
Child amount — $2,255/$ 4,313*
Age amount — $6,916
Pension income amount — $2,000
Education amount — full-time — $4,800
Education amount — part-time — $1,440
Disability amount — $7,766
Spouse, common-law partner or eligible dependant amount — 11,138/$13,196*
Caregiver amount — $4,530/$6,588*
Amount for infirm dependants 18 and older — $6,589
*If the child, spouse, common-law partner or eligible dependant is infirm, add $2,058 to the claim amount. For the caregiver amount, if the dependant is a parent or grandparent who is at least 65 years of age, the maximum claim amount is $4,530 ($6,588 if the dependant is infirm). If the dependant is another relative who is at least 18 years of age and dependent because of an infirmity, the maximum claim amount is $6,589.
