Tax Savings Estimator
Assumptions
The Estimator© uses the following assumptions:
- For a Higher Income Taxpayer or Spouse age 65 or over, the Old Age Security Pension at
1999 levels are assumed.
- Canada Pension Plan Premiums and Employment Insurance Premiums are calculated at known
levels for 1999 through 2015.
- If a Higher Income Taxpayer claims 2 disability amounts but has not claimed a dependent
child, one claim for a dependent child will be assumed.
- For the calculation of the tax reduction and surtax, where spousal amounts have been transferred (i.e. age and disability credit) the full credit amounts have been used in the above calculations.
