From Wiki

• The effective marginal income tax rate at low incomes is substantially reduced by personal non-refundable tax credits.
  • These tax credits offset the tax payable on the first $10,100 of earnings for a single person and a further $10,100 in respect of a spouse or dependents ($9,600 and $9,600 in 2008).
  • The additional tax credit is reduced by the earnings of the spouse or dependent.
  • Anyone working for a living gets an additional credit of $1,044.
  • Anyone receiving a pension gets an additional credit of $2,000.
  • There are further tax credits for seniors and disabled people.
  • Tax credits are at the basic rate, regardless of earnings.

• The medical expenses credit is for medical costs that are not covered by Provincial Medicare or reimbursed by work-based insurance schemes.
  • The definition of medical expenses is quite broad.
  • The threshold of expenses is the lower of 3% of net income or $2,011 ($1,925 - 2008).
  • It can be claimed by either spouse, so is most valuable if claimed by the person with the lowest earnings.
  • You do not need to claim for a calender year at a time, but for any 12 month period ending in the tax year.
  • So if you can't claim a medical expense in one year it may be possible to claim it in the following year.

• There is a generous tax credit for educational courses taken at approved institutions.
  • This is $120 + $20 per month for part time study and $400 + $65 per month full time, plus the tuition fees paid.
  • This can work out to be a tidy refund at the end of the year.
  • The tax credit can be transferred to your spouse or parents, or carried forward if you do not have enough taxable income to use it.

• If you start working at a new location, start a new full-time education course, or start a new business and if you move to a residence that is at least 40 km closer to your new work location than your previous residence was, you can deduct many of your moving expenses.
  • However, you can deduct these expenses only if your employer does not reimburse you for them.
  • Please note that this tax break generally is available only for moves that take place within Canada.
  • In most cases does not apply to moves from the UK to Canada.

• This list is not complete.

• This is one of a series of Wiki articles on Taxation.