Tax Credits 2024 Canada Income Limit. When net income (line 23600) exceeds $173,205 in 2024, the $1,549 is reduced until income reaches $246,752 and the additional amount is zero. 2024 personal tax calculator | ey canada.
Between july 2024 and june 2025, single canadians without any children could get up to $519 in gst/hst credit. In 2024, the annual limit is $7,000, for a total of $95,000 for someone who has never contributed and has been eligible for the tfsa since its.
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