Canadian Tax Credits 2024. Every taxpayer gets a tax credit for the basic personal amount, so any person can earn taxable income of $15,705 in 2024 without paying any federal tax, and can earn anywhere from $8,481 to $21,885, depending on the province or territory. Below is a breakdown of some of the key refundable tax credits available in 2024, highlighting their eligibility criteria, how to apply, and practical examples to help you.

Premier david eby said the tax credit for international projects made in b.c. On october 1, 2024, the government announced that corporations that file their 2023 tax return after july 15, 2024, and on or before december 31, 2024, would also be eligible for.