Chartered Accountants

Personal Tax

Personal Tax

Child Amount

The non-refundable tax credit for each child under the age of 18 is $2,131.00 for 2011 and $2191.00 for 2012.

If you are claiming this you may provide information to your employer to decrease the amount of tax deducted at source from your wages, etc.

Also, the spouse or common-law partner amount and the amount for an eligible dependant will be increased to a maximum of $10,382.00 for 2011 and $10,822 for 2012.

For more information about what you need to provide to your employer, please see the CRA website here.