Note: please direct your questions about your specific personal income taxes to the Canada Revenue Agency (CRA).

Click on the links to your right for commonly used personal income tax forms (located on the CRA website); information about Alberta Royalty Programs for Individuals and Trusts, the Alberta Family Employment Tax Credit, and Alberta Finance news releases on taxes/rebates.

Excerpt from Budget 2006 - Alberta Tax Advantage:

Albertans pay low personal income taxes, with the lowest top marginal income tax rate and the highest basic and spousal amounts in Canada. This is due in part to the cuts to personal income taxes made between 1999 and 2001, worth $1.5 billion at the time.

Alberta indexes its personal income tax system to offset inflation, protecting taxpayers. Tax credit amounts will increase by 1.9 per cent in 2006. We will also increase the basic, spousal and eligible dependant amounts by an additional $100, raising the amounts to $14,899 for 2006, up from $14,523 in 2005.

See also:  information on the Alberta Family Employment Tax Credit.  For more information, read the complete section on personal income taxes from Budget 2006 - Alberta Tax Advantage.

Click on the calculator to estimate your taxes for 2005.