Principal Changes to the RL-25 Slip for 2019
Change to the tax credit rate for eligible dividends
For 2019, the tax credit rate applicable to eligible dividends is 16.2564%.
For more information, see RL-25 Slip - Box A1, RL-25 Slip - Box F and RL-25 Slip - Box G.
Changes to the gross-up rate and the tax credit rate applicable to ordinary dividends
For 2019, the gross-up rate to be used to calculate the taxable amount of ordinary dividends (box F) is reduced from 16% to 15%.
In addition, the tax credit rate applicable to ordinary dividends is 6.3825%.
For more information, see RL-25 Slip - Box A2, RL-25 Slip - Box F and RL-25 Slip - Box G.