Amount of the Work Premium Tax Credits
For 2021, the maximum work premium depending on your situation is shown below.
Family situation | Maximum annual work premium |
---|---|
Person living alone | $961.18 |
Couple without children | $1,501.47 |
Single parent | $2,574.60 |
Couple with at least one child | $3,351.50 |
The amount of the premium decreases as your income approaches the applicable threshold.
Advance payments
Advance payments of the work premium are equal to:
- 50% of the premium you expect to receive for the year, if you have a dependent child; or
- 75% of the premium, if you do not have a dependent child.
Family situation | Maximum annual work premium |
---|---|
Person living alone | $1,025.21 |
Couple without children | $1,600.57 |
Single parent | $2,651.40 |
Couple with at least one child | $3,449.50 |
For 2021, the maximum adapted work premium depending on your situation is shown below.
Family situation | Maximum annual adapted work premium |
---|---|
Person living alone | $1,873.34 |
Couple without children | $2,909.02 |
Single parent | $3,548.00 |
Couple with at least one child | $4,407.60 |
The amount of the premium decreases as your income approaches the applicable threshold.
Advance payments
Advance payments of the adapted work premium are equal to:
- 50% of the premium you expect to receive for the year, if you have a dependent child; or
- 75% of the premium, if you do not have a dependent child.
Family situation | Maximum annual adapted work premium |
---|---|
Person living alone | $1,973.90 |
Couple without children | $3,075.78 |
Single parent | $3,628.50 |
Couple with at least one child | $4,523.20 |
The supplement to the work premium is a monthly amount of $200 that may be granted to you for a maximum of 12 consecutive months.
For a continuous work period of at least 12 months, the supplement could therefore be:
- $2,400 for a person living alone; or
- $4,800 for a couple, if both spouses entered the labour market.
Advance payments
Advance payments of the supplement to the work premium are also $200 per month.