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Published | Category : Income tax - individuals

Changes to the Tax Credit for Workers 65 or Older

Several changes will be made to the tax credit for workers 65 or older as of the 2016 taxation year.

The changes will:

  • lower the age of eligibility for the tax credit from 65 to 63 over a period of two years
  • gradually increase the maximum amount of eligible work income on which the tax credit is calculated until it reaches $10,000 for all workers 65 or older, and
  • make the tax credit reducible based on work income

For more information, see pages A.6 to A.12 of the document entitled Additional Information 2015-2016 (PDF – 1.96 MB), published by the Ministère des Finances.

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