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Final Basic Table 3: All returns by major source of Inc., Prince Edward Island

Item Item code Employment Employment $ Farming Farming $ Fishing Fishing $
Number of taxable returns 1 55160 0 900 0 2060 0
Number of non-taxable returns 2 19140 0 340 0 100 0
Total number of returns 3 74300 0 1240 0 2160 0
Employment income 4 66700 1762858 300 2842 290 2235
Commissions (from employment) 5 1490 29187 0 0 0 0
Other employment income 6 3700 16132 50 114 30 10
Old Age Security pension 7 1600 8242 220 1267 130 713
CPP or QPP benefits 8 4440 16981 270 1133 210 969
Other pensions or superannuation 9 1570 18195 50 503 0 0
Employment Insurance benefits 10 23220 153911 120 595 2070 26021
Taxable amount of dividends 11 5430 12811 620 555 290 272
interest & other invest. income 12 12280 8994 550 745 700 495
Annuity income 13 830 3642 40 188 60 218
Net rental income 14 1540 2188 0 0 110 -190
Taxable capital gains 15 2770 3086 330 4370 180 521
RRSP income 16 4600 22127 80 325 120 611
Net business income 17 1290 353 50 114 60 249
Net professional income 18 280 4675 0 0 0 0
Net commission income 19 130 58 0 0 0 0
Net farming income 20 560 -762 1160 18580 110 -1329
Net fishing income 21 860 1093 30 370 2150 55183
Tax-exempt income 22 6270 33736 130 375 0 0
Other income 23 8140 42228 490 2675 300 389
Total income assessed 24 71540 2139736 1240 34869 2160 86387
RPP deduction 25 20040 45841 0 0 40 115
RRSP contributions 26 17510 71032 390 2212 640 4272
Annual union, professional, or like dues 27 20000 8411 70 9 90 44
Child care expenses 28 3690 8137 40 23 150 268
Carrying charges and interest expenses 29 3900 4304 50 46 150 51
CPP/QPP contrib. on self-empl./other earning 30 540 88 670 619 1670 1717
Other employment expenses 31 3070 10045 0 0 0 0
Clergy residence deduction 32 140 975 0 0 0 0
Other deductions (from total income) 33 5120 11319 110 238 230 992
Total deduction before adjustment 34 41230 160199 850 3148 1790 7466
Social benefits repayment 35 250 636 20 103 430 1095
Net income after adjustment 36 71330 1979179 1130 33205 2150 77885
Capital gains deduction 37 70 489 80 8034 0 0
Losses from other years 38 510 855 40 37 50 194
Additional deductions (from net income) 39 6460 34346 130 375 0 0
Total deductions (from net income) 40 7030 35691 240 8445 50 213
Taxable income assessed 41 69860 1943488 1110 25918 2150 77673
Basic personal amount 42 74300 639654 1240 10741 2160 18680
Age amount 43 1410 5326 200 812 130 330
Spouse & elig. depend. & adoption amt. 44 11060 67016 200 1004 200 1277
CPP or QPP contributions 45 62340 63158 750 1349 1730 3517
Employment Insurance premiums 46 62370 27116 250 63 2130 1175
Pension income amount 47 1700 1700 80 66 60 63
Caregiver amount 48 410 1319 20 60 50 204
Disability amount 49 1390 9011 20 126 20 119
Tuition and education amounts 50 9850 42986 50 97 230 984
Interest paid on student loans 51 4610 3285 0 0 20 1
Amounts transferred from spouse 52 910 3893 10 63 0 0
Allowable amt. of med. expenses 53 12650 17844 360 832 450 771
Total tax credits 54 74300 132385 1240 2188 2160 3809
Charitable donations & gov. gifts 55 18640 12100 340 388 960 1072
Cultural and ecological gifts 56 0 0 0 0 0 0
Donations & gifts 57 17860 3180 340 103 960 290
Total non-refundable tax credits 58 74300 135565 1240 2292 2160 4099
Basic federal tax 59 53640 198868 690 2542 2000 8837
Fed. dividend tax credit 60 4450 1705 600 74 220 36
CPP contrib. on self-employ. earning 61 560 179 670 1238 1670 3435
Net federal tax 62 53640 198541 600 2002 1960 7927
Net provincial tax 63 54420 141827 760 1805 2020 6314
Total tax payable 64 55160 341230 900 5148 2060 18779




Item Item code Professional Inc. Professional Inc. $ Sales (self-employed) Sales (self-employed) $ Proprietorships/partner. Proprietorships/partner. $
Number of taxable returns 1 400 0 130 0 2960 0
Number of non-taxable returns 2 30 0 0 0 760 0
Total number of returns 3 430 0 130 0 3720 0
Employment income 4 120 1655 70 597 830 14499
Commissions (from employment) 5 0 0 0 0 0 0
Other employment income 6 70 66 10 225 140 32
Old Age Security pension 7 20 114 0 0 230 1252
CPP or QPP benefits 8 30 225 0 0 480 2268
Other pensions or superannuation 9 10 336 0 0 120 1913
Employment Insurance benefits 10 0 0 0 0 360 1763
Taxable amount of dividends 11 120 690 30 6 560 1099
interest & other invest. income 12 180 219 30 7 860 931
Annuity income 13 20 532 0 0 50 163
Net rental income 14 50 -68 10 -9 240 124
Taxable capital gains 15 60 201 10 2 340 580
RRSP income 16 30 157 10 5 310 1126
Net business income 17 20 0 0 0 3670 49449
Net professional income 18 420 33179 0 0 30 365
Net commission income 19 0 0 130 4673 20 -56
Net farming income 20 0 0 0 0 70 81
Net fishing income 21 0 0 0 0 30 319
Tax-exempt income 22 0 0 0 0 140 459
Other income 23 120 90 40 68 470 1313
Total income assessed 24 430 37442 130 5574 3690 77901
RPP deduction 25 0 0 0 0 130 176
RRSP contributions 26 250 2698 30 280 990 4791
Annual union, professional, or like dues 27 60 18 0 0 180 58
Child care expenses 28 50 193 0 0 190 440
Carrying charges and interest expenses 29 90 120 0 0 160 143
CPP/QPP contrib. on self-empl./other earning 30 350 457 130 128 2350 1756
Other employment expenses 31 0 0 0 0 50 177
Clergy residence deduction 32 0 0 0 0 0 0
Other deductions (from total income) 33 30 279 0 0 90 206
Total deduction before adjustment 34 390 3793 130 408 2790 7749
Social benefits repayment 35 20 60 0 0 40 101
Net income after adjustment 36 420 33606 130 5165 3500 72797
Capital gains deduction 37 0 0 0 0 0 0
Losses from other years 38 20 20 10 2 60 197
Additional deductions (from net income) 39 0 0 0 0 140 459
Total deductions (from net income) 40 30 34 10 2 200 656
Taxable income assessed 41 420 33571 130 5164 3490 72150
Basic personal amount 42 430 3701 130 1124 3720 31965
Age amount 43 0 0 0 0 220 707
Spouse & elig. depend. & adoption amt. 44 40 221 0 0 340 1743
CPP or QPP contributions 45 380 973 130 280 2730 3996
Employment Insurance premiums 46 70 18 50 8 600 201
Pension income amount 47 20 23 0 0 140 127
Caregiver amount 48 0 0 0 0 0 0
Disability amount 49 0 0 0 0 0 0
Tuition and education amounts 50 50 324 30 187 310 1062
Interest paid on student loans 51 20 19 0 0 50 25
Amounts transferred from spouse 52 20 39 0 0 70 211
Allowable amt. of med. expenses 53 60 67 30 28 810 1354
Total tax credits 54 430 748 130 225 3720 5950
Charitable donations & gov. gifts 55 250 516 40 68 950 959
Cultural and ecological gifts 56 0 0 0 0 0 0
Donations & gifts 57 250 143 40 19 950 258
Total non-refundable tax credits 58 430 891 130 244 3720 6208
Basic federal tax 59 340 6518 120 702 2200 6604
Fed. dividend tax credit 60 120 92 30 1 510 146
CPP contrib. on self-employ. earning 61 360 920 130 256 2360 3531
Net federal tax 62 340 6505 120 701 2180 6586
Net provincial tax 63 350 4384 120 501 2330 4741
Total tax payable 64 400 11871 130 1458 2960 14959




Item Item code Investment Investment $ Pension Pension $ Grand total Grand total $
Number of taxable returns 1 1700 0 10990 0 74300 0
Number of non-taxable returns 2 860 0 9790 0 31020 0
Total number of returns 3 2560 0 20780 0 105320 0
Employment income 4 750 13147 1740 10722 70800 1808555
Commissions (from employment) 5 20 1653 20 308 1530 31370
Other employment income 6 80 261 1010 3088 5090 19928
Old Age Security pension 7 760 3931 16130 88868 19080 104387
CPP or QPP benefits 8 1110 5271 19350 112653 25890 139500
Other pensions or superannuation 9 320 2707 9400 158944 11470 182597
Employment Insurance benefits 10 160 961 490 1624 26420 184907
Taxable amount of dividends 11 1560 44435 3400 5407 12010 65276
interest & other invest. income 12 1780 12987 9410 16444 25770 40822
Annuity income 13 260 3218 4670 30346 5930 38307
Net rental income 14 650 4873 530 539 3130 7576
Taxable capital gains 15 1060 18456 2050 4065 6800 31281
RRSP income 16 230 2243 1330 7712 6700 34307
Net business income 17 220 297 480 457 5790 50919
Net professional income 18 30 379 50 627 800 39226
Net commission income 19 10 101 160 307 450 5082
Net farming income 20 150 -466 90 -327 2140 15778
Net fishing income 21 30 11 0 0 3100 56977
Tax-exempt income 22 140 405 8890 28078 15570 63086
Other income 23 890 3347 2730 6065 13170 56173
Total income assessed 24 2560 118219 20780 475926 102520 2976054
RPP deduction 25 100 156 400 602 20700 46907
RRSP contributions 26 410 3131 600 4161 20800 92577
Annual union, professional, or like dues 27 120 46 770 177 21290 8764
Child care expenses 28 50 165 0 0 4160 9227
Carrying charges and interest expenses 29 700 1790 2630 1460 7680 7913
CPP/QPP contrib. on self-empl./other earning 30 80 29 20 14 5820 4808
Other employment expenses 31 30 279 20 25 3190 10536
Clergy residence deduction 32 0 0 0 0 140 975
Other deductions (from total income) 33 230 181 720 2979 6510 16193
Total deduction before adjustment 34 1190 5781 4350 9111 52720 197655
Social benefits repayment 35 270 1020 530 1475 1550 4490
Net income after adjustment 36 2490 111673 20780 465340 101940 2778850
Capital gains deduction 37 100 5946 100 313 350 14782
Losses from other years 38 130 920 470 248 1300 2472
Additional deductions (from net income) 39 170 457 9030 28507 15930 64177
Total deductions (from net income) 40 350 7323 9440 29068 17350 81430
Taxable income assessed 41 2480 104382 20780 436273 100430 2698618
Basic personal amount 42 2560 21996 20780 179731 105320 907593
Age amount 43 520 1776 15520 58153 18000 67110
Spouse & elig. depend. & adoption amt. 44 210 1022 1900 6974 13960 79255
CPP or QPP contributions 45 600 475 610 196 69290 73944
Employment Insurance premiums 46 470 141 970 190 66910 28911
Pension income amount 47 490 455 11550 11176 14040 13610
Caregiver amount 48 20 78 210 747 710 2411
Disability amount 49 60 442 1760 11396 3260 21188
Tuition and education amounts 50 150 976 190 451 10860 47068
Interest paid on student loans 51 10 8 0 0 4710 3339
Amounts transferred from spouse 52 80 208 3010 11373 4090 15786
Allowable amt. of med. expenses 53 640 3541 5840 15115 20840 39552
Total tax credits 54 2560 4662 20780 44317 105320 194285
Charitable donations & gov. gifts 55 900 3292 7110 7708 29200 26103
Cultural and ecological gifts 56 0 0 0 0 0 0
Donations & gifts 57 900 931 7030 2044 28340 6968
Total non-refundable tax credits 58 2560 5594 20780 46360 105320 201253
Basic federal tax 59 1480 10414 9580 29027 70040 263511
Fed. dividend tax credit 60 1530 5924 3210 719 10660 8696
CPP contrib. on self-employ. earning 61 80 54 20 27 5860 9641
Net federal tax 62 1470 10300 9580 28831 69890 261393
Net provincial tax 63 1670 7572 10890 21680 72550 188825
Total tax payable 64 1700 18952 10990 51707 74300 464105
Date modified:
2008-05-06