New for 2023

Tax decrease for the first two income tax brackets

For 2023, the tax rates dropped from:

15% to 14% for taxable income up to $49,275;
20% to 19% for taxable income more than $49,275, but not more than $98,540.

Decrease in some tax credit rates and increase in some amounts

For 2023, the conversion rate for the amounts used to calculate some personal tax credits as well as the rates of some tax credits decreased from 15% to 14%.

This decrease affects the following tax credits:

the basic personal amount (line 350);
the age amount, amount for a person living alone and amount for retirement income (line 361);
the amount for dependants and amount transferred by a child 18 or over enrolled in post-secondary studies (line 367);
the amount for a severe and prolonged impairment in mental or physical functions (line 376);
the tax credit for volunteer firefighters and search and rescue volunteers (line 390);
the tax credit for career extension (line 391 );
the home buyers' tax credit (line 396).

In addition, the following amounts have been increased:

the amount for a child under 18 enrolled in post-secondary studies (line 7 of Schedule A);
the amount for other dependants (line 37 of Schedule A);
the maximum amount that can be transferred by a child 18 or over enrolled in post-secondary studies (lines 2 and 4 of Schedule S);
the amount used to calculate the tax credit for volunteer firefighters and search and rescue volunteers (line 390).

Text or email notifications

We will notify you by text or email when certain events occur in your file.

See the instructions for lines 10 and 10.1.

Consent to receiving correspondence online only

You can choose to receive correspondence from us only in My Account for individuals whenever possible. To give your consent, check box 10.2 in your income tax return and enter your email address on line 10.1.

See the instructions for line 10.2.

Expenses related to working remotely because of the COVID-19 pandemic

As of 2023, you can no longer claim a deduction for expenses related to working remotely because of the COVID-19 pandemic. The deduction that could once be claimed on line 207 (point 10) has been eliminated.

However, if you were a salaried employee or an employee who earned commissions in the year, you can deduct certain expenses that you were required to pay under the terms of your employment contract.

See points 5 and 7 in the instructions for line 207.

First home savings account (FHSA)

If you contributed to an FHSA, you may be entitled to a deduction. See the instructions for line 215.

Any amount you withdrew from an FHSA may have to be included in your income. See point 19 in the instructions for line 154.

Tax credits respecting the work premium

Starting in 2023, you can claim the adapted work premium if you or your spouse on December 31 received benefits under the Basic Income Program paid by the Ministère de l'Emploi et de la Solidarité sociale.

See the instructions for line 456.

Tax credit for home-support services for seniors

For 2023, the tax credit rate has been increased from 36% to 37%.

See the instructions for line 458.

Tax credit for seniors' activities

The tax credit for seniors' activities was eliminated as of 2023.

Amount for a person living alone

As of 2023, if you receive benefits under the Basic Income Program and you receive a monthly adjustment for a single person in addition to the basic benefit, we may grant the amount for a person living alone (conditions apply). If we do and these benefits were your only income for the year, you will have no income tax to pay for 2023.

See the instructions for line 361.

Property flipping (home or rental property)

As of 2023, if you dispose of (sell, transfer, exchange, give, etc.) a residential property (including rental property or a right to purchase) that you owned for less than 365 consecutive days and no life event justified the disposition, we will consider that you flipped the property.

See the instructions for line 164.

Alternative minimum tax

For 2023, the rate used to calculate the alternative minimum tax decreased from 15% to 14%.

See the instructions for line 432.

Québec prescription drug insurance plan

On July 1, 2023, the contribution rates for the Québec prescription drug plan were increased, and the maximum premium was raised from $710 to $731. The maximum premium for 2023 is therefore $720.50.

You do not have to pay a premium if any of the following situations apply to you:

You did not have a spouse on December 31, 2023, and the amount on line 275 of your return is $18,910 or less.
You had a spouse on December 31, 2023, and the amount on line 275 of your return plus the amount on line 275 of your spouse's return totals $30,640 or less.
You were born before January 1, 1958, and the total of your monthly Guaranteed Income Supplement (GIS) payments is at least 94% of the maximum for the year calculated without the top-up benefit.

As of January 2023, the Québec prescription drug insurance plan premium is calculated without taking into account the months in which you or your spouse received benefits under the Basic Income Program and held a valid claim slip issued by the Ministère de l'Emploi et de la Solidarité sociale.

Full indexation of the tax system

A number of other amounts have been increased, including the following:

the deduction for workers (line 201);
the basic personal amount (line 350);
the income thresholds at which certain tax credits are reduced;
the amount for a person living alone (line 20 of Schedule B);
the age amount (line 22 of Schedule B); and
the basic exemption for calculating the contribution to the health services fund (Schedule F).

Balance due

If your balance due is over $10,000, you must pay it electronically (for example, online or through a financial institution).

See the instructions for line 479.