Basic personal amount

Notice to the reader

This measure has received Royal Assent.

On December 9, 2019, the Government tabled a Notice of Ways and Means Motion that proposes to amend the Income Tax Act to increase the basic personal amount to $15,000 by 2023. The increase would be phased in starting in 2020.

Employers and payers who need time to implement these changes should refer to Question 7.

Question and answers

Page details

Date modified: