I-3, r. 1 - Regulation respecting the Taxation Act

Section 1029.8.116.5.1r2 Disposition versions

2020-04-01

1029.8.116.5.1R2. The amounts of the adjusted work premium reduction thresholds in subparagraphs i and ii of subparagraphs b and c of the third paragraph of section 1029.8.116.5.0.1 of the Act that are applicable for a particular taxation year are the highest of the reduction thresholds that were applicable for the preceding taxation year and the amounts determined by the Minister of Finance as the work income over which a person would cease to be entitled, for the particular taxation year, to a benefit under the Social Solidarity Program established under the Individual and Family Assistance Act (chapter A-13.1.1), if the work income was wages received by that person in the particular taxation year and the benefit was computed on an annual basis, taking into account,

(a)  for the purpose of determining the amount of the adjusted work premium reduction threshold in subparagraph i of subparagraphs b and c of the third paragraph of section 1029.8.116.5.0.1 of the Act, the amount provided for in the third paragraph if the particular taxation year is before the year 2012, the amount of the basic benefit granted under the Social Solidarity Program to an independent adult and the amount excluded from the work income under the program;

(b)  for the purpose of determining the amount of the adjusted work premium reduction threshold in subparagraph ii of subparagraphs b and c of the third paragraph of section 1029.8.116.5.0.1 of the Act, the amount provided for in the fourth paragraph if the particular taxation year is before the year 2012, the amount of the basic benefit granted under the Social Solidarity Program to a family composed of 2 adults and the amount excluded from the work income under the program; and

(c)  the amount that would be payable in respect of the work income as the employee’s premium under the Act respecting parental insurance (chapter A-29.011), contribution under the Act respecting the Québec Pension Plan (chapter R-9) and premium under the Employment Insurance Act (S.C. 1996, c. 23), considering in that respect the rate applicable for an employee who reports to an establishment of the employer in Québec, and the amount of the federal tax that would be payable in respect of the amount by which the work income exceeds the amount of the first additional employee contribution to be paid on that income under the Act respecting the Québec Pension Plan, as if that tax were computed taking into account only the basic tax credit, the spousal tax credit, if any, the tax credit for Canadian employment and the tax credit for Québec Pension Plan member contributions and parental insurance plan and employment insurance plan employee premiums.

For the purposes of the first paragraph, if the work income is not a multiple of $2, it must be rounded to the nearest multiple of $2 or, if it is equidistant from 2 multiples, to the higher multiple of $2.

The amount to which subparagraph a of the first paragraph refers is

(a)  $300.96 if the particular taxation year is the year 2010;

(b)  $150.48 if the particular taxation year is the year 2011.

The amount to which subparagraph b of the first paragraph refers is

(a)  $357.96 if the particular taxation year is the year 2010;

(b)  $178.98 if the particular taxation year is the year 2011.

O.C. 1176-2010, s. 51; O.C. 390-2012, s. 74; O.C. 204-2020, s. 13.

2012-09-01

1029.8.116.5.1R2. The amounts of the adjusted work premium reduction thresholds in subparagraphs i and ii of subparagraphs b and c of the third paragraph of section 1029.8.116.5.0.1 of the Act that are applicable for a particular taxation year are the highest of the reduction thresholds that were applicable for the preceding taxation year and the amounts determined by the Minister of Finance as the work income over which a person would cease to be entitled, for the particular taxation year, to a benefit under the Social Solidarity Program established under the Individual and Family Assistance Act (chapter A-13.1.1), if the work income was wages received by that person in the particular taxation year and the benefit was computed on an annual basis, taking into account,

(a)  for the purpose of determining the amount of the adjusted work premium reduction threshold in subparagraph i of subparagraphs b and c of the third paragraph of section 1029.8.116.5.0.1 of the Act, the amount provided for in the third paragraph if the particular taxation year is before the year 2012, the amount of the basic benefit granted under the Social Solidarity Program to an independent adult and the amount excluded from the work income under the program;

(b)  for the purpose of determining the amount of the adjusted work premium reduction threshold in subparagraph ii of subparagraphs b and c of the third paragraph of section 1029.8.116.5.0.1 of the Act, the amount provided for in the fourth paragraph if the particular taxation year is before the year 2012, the amount of the basic benefit granted under the Social Solidarity Program to a family composed of 2 adults and the amount excluded from the work income under the program; and

(c)  the amount that would be payable in respect of the work income as the employee’s premium under the Act respecting parental insurance (chapter A-29.011), contribution under the Act respecting the Québec Pension Plan (chapter R-9) and premium under the Employment Insurance Act (S.C. 1996, c. 23), considering in that respect the rate applicable for an employee who reports to an establishment of the employer in Québec, and the amount of the federal tax that would be payable in respect of the work income, as if that tax were computed taking into account only the basic tax credit, the spousal tax credit, if any, the tax credit for Canadian employment and the tax credit for Québec Pension Plan member contributions and parental insurance plan and employment insurance plan employee premiums.

For the purposes of the first paragraph, if the work income is not a multiple of $2, it must be rounded to the nearest multiple of $2 or, if it is equidistant from 2 multiples, to the higher multiple of $2.

The amount to which subparagraph a of the first paragraph refers is

(a)  $300.96 if the particular taxation year is the year 2010;

(b)  $150.48 if the particular taxation year is the year 2011.

The amount to which subparagraph b of the first paragraph refers is

(a)  $357.96 if the particular taxation year is the year 2010;

(b)  $178.98 if the particular taxation year is the year 2011.

O.C. 1176-2010, s. 51; O.C. 390-2012, s. 74.