The basic personal amount is a non-refundable tax credit that can reduce tax payable to zero for people with income under $10 000.

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The basic personal amount is a non-refundable tax credit that reduces the amount of income tax you owe. For the year 2021, the basic personal amount is $13,808. However, in some provinces and territories, the basic personal amount may be higher. For individuals with income below this amount, the credit can reduce their tax payable to zero.

The Basic Personal Amount Is a Non-Refundable Tax Credit That