Mr. Speaker, individual tax filers with taxable income, as reported on line 260 of the general income tax and benefit return, under the basic personal amount do not pay federal income tax.
The figures provided below include all individual filers whose taxable income was less than the basic personal amount. The figures are not limited to those who applied for the above-mentioned credits, as it is expected that some individuals will choose not to claim the credits given that their taxable income is less than the basic personal amount, and claiming any of these credits would not result in additional tax savings. As such, the Canada Revenue Agency, CRA, cannot determine how many of these individuals may have been able to benefit from one or more of the above-mentioned credits.
The number of individual tax filers with taxable income less than the basic personal amount for tax years 2011 and 2012 are as follows. As the CRA is currently processing 2013 tax year returns, data is not currently available for that taxation year.
For 2011, the number of filers was 6,636,600, with a basic personal amount of $10,527; and for 2012, it was 6,462,350, with a basic personal amount of $10,822. The figures are rounded to the nearest 10. They are from the CRA T1 Data Mart and include all initially assessed returns processed up to May 2, 2014, that is, the most recent available data.