Basic Exemption changes – Federal and Provincial

16 Dec

Please note the basic exemption for federal and provincial has changed effective Jan 1, 2012.

A new TD1 form must be completed if you are claiming more than the basic amount for Federal / Provincial tax or requesting addition tax deduction. If there is no change to your basic exemption no action is required.

For further information, please visit Canada Revenue Agency website:

TD1 Forms:

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