Prince Edward Island

What's new for 2016?

Form PE428, Prince Edward Island Tax and Credits, is used to calculate your provincial tax.

Prince Edward Island tax and credits (PE428)

Tax rates for 2016

• 9.8% on the first $31,984 of taxable income, +
• 13.8% on the portion of taxable income more than $31,984 but not more than $63,969, +
• 16.7% on taxable income over $63,969.

Non-refundable tax credits, credits and reduction

Prince Edward Island offers the following credits and tax reductions which further reduce your amount of provincial tax payable:

• Age amount
• Allowable amount of medical expenses for other dependants
• Amount for an eligible dependant
• Amount for infirm dependants age 18 or older
• Amount for young children
• Amounts transferred from your spouse or common-law partner
• Basic personal amount
• CPP or QPP contributions on self-employment and other earnings
• CPP or QPP contributions through employment
• Caregiver amount
• Disability amount (for self)
• Disability amount transferred from a dependant
• Donations and gifts
• Employment insurance premiums on self-employment and other eligible earnings
• Employment insurance premiums through employment
• Equity tax credit – Prince Edward Island
• Interest paid on your student loans
• Low-income tax reduction – Prince Edward Island
• Medical expenses for self, spouse or common-law partner, and your dependent children born in 1999 or later
• Pension income amount
• Political contribution tax credit – Prince Edward Island
• Provincial foreign tax credit
• Spouse or common-law partner amount
• Teacher school supply amount
• Tuition and education amounts
• Tuition and education amounts transferred from a child

Prince Edward Island volunteer firefighter tax credit

Prince Edward Island offers the volunteer firefighter tax credit which is a refundable credit. Enter this amount on line 85 of your Form PE428 and on line 479 of your return.

For more information

If you have any questions about your income tax return, go to Individuals and families or call 1-800-959-8281.

To get forms, go to Forms and publications.

Forms and publications

• Prince Edward Island – General Income Tax and Benefits Package
• Form T691 – Alternative Minimum Tax
• Form T1206 – Tax on Split Income
• Form T2036 – Provincial or Territorial Foreign Tax Credit
• Form T2203 – Provincial and Territorial Taxes – Multiple Jurisdictions

Related topics

• All about your tax return
• Prince Edward Island sales tax credit

Provincial and territorial government partners

• Government of Prince Edward Island

Date modified:

2017-01-03