On December 20, 2022, the Federal government released the 2023 basic personal amounts (BPA) for each jurisdiction.
|Province or Territory||Basic exemption|
|Newfoundland and Labrador||$10,382|
|Prince Edward Island||$12,000|
*The basic personal amounts for Federal, Nova Scotia and Yukon are unique to each employee’s annual income from all sources.
Note: Due to the unusually late publication from the CRA, employees and retirees may experience a slight difference in their net pay until these changes have been programmed within their payroll systems.
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