Table of Tax Credit Rates for 2016

If you wish to apply for advance payments of the tax credit for childcare expenses, use the table below to determine the tax credit rate that corresponds to your family income for the 2016 taxation year.

2016
Estimated family
income
Tax credit rate Estimated family
income
Tax credit rate
From $0 to $34,800 75% From $136,926 to $140,820 50%
From $34,801 to $41,240 70% From $140,821 to $144,710 44%
From $41,241 to $47,695 65% From $144,711 to $148,595 38%
From $47,696 to $95,380 60% From $148,596 to $152,505 32%
From $95,381 to $136,925 57% From $152,506 or more 26%
Indexation rate for 2016: 1.09%
Last Updated: