Regulation title BEFORE amended by BC Reg 133/2018, effective July 1, 2018.
Low Income Climate Action Tax Credit Regulation
Section 2 (1) (b) BEFORE amended by BC Reg 32/2010, effective January 29, 2010.
(b) in respect of a specified month for the 2008 taxation year, $105.
Section 2 (2) (b) BEFORE amended by BC Reg 32/2010, effective January 29, 2010.
(b) in respect of a specified month for the 2008 taxation year, $31.50.
Section 2 BEFORE amended by BC Reg 17/2017, effective February 20, 2018.
Prescribed amounts for low income climate action tax credit
2 (1) The amount prescribed for the purposes of paragraphs (a) to (c) of the description of "total credits" in section 8.1 (3) of the Act is
(a) in respect of a specified month for the 2007 taxation year, $100,
(b) in respect of a specified month for the 2008 and 2009 taxation years, $105, and
(c) in respect of a specified month for the 2010 and subsequent taxation years, $115.50.
(2) The amount prescribed for the purposes of paragraph (d) of the description of "total credits" in section 8.1 (3) of the Act is
(a) in respect of a specified month for the 2007 taxation year, $30,
(b) in respect of a specified month for the 2008 and 2009 taxation years, $31.50, and
(c) in respect of a specified month for the 2010 and subsequent taxation years, $34.50.
[am. B.C. Regs. 32/2010; 183/2010.]
Section 2 (1) (c) and (d) BEFORE amended by BC Reg 118/2019, effective June 5, 2019.
(c) in respect of a specified month for the 2010 to 2016 taxation years, other than the specified month of April 2018, $115.50, and
(d) in respect of the specified month of April 2018 or a specified month for the 2017 and subsequent taxation years, $135.
Section 2 (1) (e) to (g) were added by BC Reg 118/2019, effective June 5, 2019.
Section 2 (2) (c) and (d) BEFORE amended by BC Reg 118/2019, effective June 5, 2019.
(c) in respect of a specified month for the 2010 to 2016 taxation years, other than the specified month of April 2018, $34.50, and
(d) in respect of the specified month of April 2018 or a specified month for the 2017 and subsequent taxation years, $40.
Section 2 (2) (e) to (g) were added by BC Reg 118/2019, effective June 5, 2019.
Section 2 (1) (f) BEFORE amended by BC Reg 106/2020, effective May 19, 2020.
(f) in respect of a specified month for the 2019 taxation year, $174, and
Section 2 (2) (f) BEFORE amended by BC Reg 106/2020, effective May 19, 2020.
(f) in respect of a specified month for the 2019 taxation year, $51, and
Section 2 (1) (f.1) and (2) (f.1) were added by BC Reg 106/2020, effective May 19, 2020.
Section 2 (1) (f) and (g) BEFORE amended by BC Reg 144/2021, effective June 7, 2021.
(f) in respect of a specified month for the 2019 taxation year, other than the specified month of July 2020, $174,
(g) in respect of a specified month for the 2020 taxation year and subsequent taxation years, $193.50.
Section 2 (2) (f) and (g) BEFORE amended by BC Reg 144/2021, effective June 7, 2021.
(f) in respect of a specified month for the 2019 taxation year, other than the specified month of July 2020, $51,
(g) in respect of a specified month for the 2020 taxation year and subsequent taxation years, $56.50.
Section 2 (1) (g) BEFORE amended by BC Reg 183/2022, effective September 7, 2022.
(g) in respect of a specified month for the 2021 taxation year and subsequent taxation years, $193.50.
Section 2 (1) (h) was added by BC Reg 183/2022, effective September 7, 2022.
Section 2 (2) (g) BEFORE amended by BC Reg 183/2022, effective September 7, 2022.
(g) in respect of a specified month for the 2021 taxation year and subsequent taxation years, $56.50.
Section 2 (2) (h) was added by BC Reg 183/2022, effective September 7, 2022.
Section 2 (1) (g) and (h) BEFORE amended by BC Reg 225/2022, effective November 18, 2022.
(g) in respect of a specified month for the 2021 and subsequent taxation years, other than the specified month of October 2022, $193.50, and
(h) in respect of the specified month of October 2022, $849.50.
Section 2 (2) (g) and (h) BEFORE amended by BC Reg 225/2022, effective November 18, 2022.
(g) in respect of a specified month for the 2021 and subsequent taxation years, other than the specified month of October 2022, $56.50, and
(h) in respect of the specified month of October 2022, $220.50.
Section 2 (1) (g) and (h) BEFORE amended by BC Reg 47/2023, effective February 24, 2023.
(g) in respect of a specified month for the 2021 and subsequent taxation years, other than the specified months of October 2022 and January 2023, $193.50, and
(h) in respect of the specified months of October 2022 and January 2023, $849.50.
Section 2 (2) (g) and (h) BEFORE amended by BC Reg 47/2023, effective February 24, 2023.
(g) in respect of a specified month for the 2021 and subsequent taxation years, other than the specified months of October 2022 and January 2023, $56.50, and
(h) in respect of the specified months of October 2022 and January 2023, $220.50.
Section 2 (1) (g) BEFORE amended by BC Reg 148/2023, effective July 1, 2023.
(g) in respect of a specified month for the 2021 and subsequent taxation years, other than the specified months of October 2022, January 2023 and April 2023, $193.50, and
Section 2 (2) (g) BEFORE amended by BC Reg 148/2023, effective July 1, 2023.
(g) in respect of a specified month for the 2021 and subsequent taxation years, other than the specified months of October 2022, January 2023 and April 2023, $56.50, and
Section 3 BEFORE re-enacted by BC Reg 100/2024, effective May 13, 2024.
Prescribed amounts for climate action tax credit for 2022 and subsequent taxation years
3 (1) The amount prescribed for the purposes of paragraph (a) of the description of "total credits" in section 8.1 (3) of the Act is, in respect of a specified month for the 2022 and subsequent taxation years, $447.
(2) The amount prescribed for the purposes of paragraphs (b) and (c) of the description of "total credits" in section 8.1 (3) of the Act is, in respect of a specified month for the 2022 and subsequent taxation years, $223.50.
(3) The amount prescribed for the purposes of paragraph (d) of the description of "total credits" in section 8.1 (3) of the Act is, in respect of a specified month for the 2022 and subsequent taxation years, $111.50.
(4) The amount prescribed for the purposes of paragraph (a) of the description of "deduction" in section 8.1 (3) of the Act is, for the 2022 and subsequent taxation years, $39 115.
(5) The amount prescribed for the purposes of paragraph (b) of the description of "deduction" in section 8.1 (3) of the Act is, for the 2022 and subsequent taxation years, $50 170.
[en. B.C. Reg. 148/2023, s. 2.]