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Published | Category : Income tax - individuals

Enhancement of the Tax Credit for Workers 65 or Older

Tax legislation will be amended to provide that, as of the 2015 taxation year, the tax credit for workers 65 or older will be calculated on the worker's first $4,000 of eligible work income in excess of the first $5,000 of such income.

For more information, see page 25 of the Additional Information on the Fiscal Measures of the Budget (PDF – 795 KB) tabled by the Ministère des Finances on June 4, 2014.

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