Birdwatch Note Rating
2024-06-12 14:53:28 UTC - HELPFUL
Rated by Participant: 41592737967192F2F9CC0543310A089DD28E4FACB13DE5F86F410F5BD0AC189A
Participant Details
Original Note:
Canada has a Tax-free basic personal amounts (BPA) minimum of $15,000 in 2023 before paying any federal income tax. For the 2024 tax year, the federal basic personal amount is $15,705 (for taxpayers with a net income of $173,205 or less). https://www.legalline.ca/legal-answers/what-are-tax-credits-and-benefits/#:~:text=Tax%2Dfree%20basic%20personal%20amounts%20(BPA)&text=This%20means%20that%20an%20individual,income%20of%20%24173%2C205%20or%20less).
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