Tax season in Canada can be stressful, but it doesn’t have to mean that you’re losing money. There are tons of credits that you can claim when filing to reduce the amount you owe or even get you some cash while you’re at it.
We’re listing even more refundable and non-refundable tax credits that you can claim on this season.
RELATED: Here’s All The Extra Ways You Can Claim More Tax Relief This Season
Canada’s Tax Season
It’s good to know how this year’s tax season is working before we get into all the saving details.
This year, he Canada Revenue Agency (CRA) is adjusting the federal tax bracket by a 2.7% increase. And notably, the lowest tax rate has also dropped from 15% to 14%; since this adjustment came halfway through the year (July 1, 2025), your full annual income will be taxed at a rate of 14.5% to reflect this blended percentage.
Here’s what your taxable income rates look like depending on how much you make:
- 14.5%: on the portion of taxable income that is $57,375 or less, plus
- 20.5%: on the portion of taxable income over $57,375 up to $114,750, plus
- 26%: on the portion of taxable income over $114,750 up to $177,882, plus
- 29%: on the portion of taxable income over $177,882 up to $253,414, plus
- 33%: on the portion of taxable income over $253,414
Tax Credits In Canada
Below, you can find a list of claimable tax credits in Canada that you may or may not have known about. Do note that these credits have a range of eligibility requirements in order for you to be able to claim them, so be sure to take a look at them fully before doing so.
Job/Education-Related Credits
- Canada Workers Benefit: This is a refundable tax credit that helps individuals and families who are working and earning a low income. They come in two parts: a basic amount and a disability supplement.
- Canada training credit: A refundable tax credit that is available to help Canadians with the cost of eligible training fees.
- Student loan interest: You could be eligible to claim an amount for the interest paid on your student loan in 2025 or the preceding five years for post-secondary education if you received it under the Canada Student Loans Act, the Canada Student Financial Assistance Act, the Apprentice Loans Act, provincial or territorial government laws similar to the acts mentioned earlier.
- Educator school supply tax credit: Eligible educators who paid for eligible supplies may be able to claim this non-refundable tax credit that can reduce the amount of income tax you may owe.
Other Types of Credits
- Canada Caregiver Credit: This is a non-refundable tax credit that for individuals that support a spouse or common-law partner, or a dependent, with a mental or physical infirmity.
- Disability tax credit: A non-refundable tax credit that helps people with disabilities, or their supporting family member, reduce the amount of income tax they may have to pay.
- Top-up tax credit: This is a new credit that could be able to claim when also claiming certain non-refundable tax credits that are affected by the reduction to the lowest marginal individual income tax rate from 15% to 14.5% for 2025.
- Donations and gifts: If either you or your spouse or common-law partner have made gifts of money or other property to certain institutions, you may be eligible to claim federal and provincial or territorial non-refundable tax credits when you file your income tax and benefit return.
