Tax time can feel overwhelming, but here’s the upside: there are plenty of tax credits available that can lower your tax bill—or even get you a refund. If you’re living in Calgary, you’ve got access to a range of federal and provincial tax credits that could make a big difference. But how do you know which ones apply to you? Let’s explore nine personal tax credits every Calgarian should consider claiming in 2025.
1. The Climate Action Incentive Payment (CAIP)
Did you know you’re eligible for a quarterly payment just for living in Alberta? The Climate Action Incentive Payment (CAIP) helps offset the costs of the federal carbon tax. If you’re 19 or older, have a spouse or common-law partner, or are a parent living with your child, you likely qualify.
For 2025, the payment is automatically applied when you file your taxes—so don’t skip this step! And if you’re wondering how much you’ll receive, the CRA calculates your payment based on your family size.
2. Basic Personal Amount
This one’s a no-brainer because it applies to nearly everyone. The Basic Personal Amount (BPA) is a non-refundable credit that allows you to earn a portion of your income tax-free. In 2025, the federal BPA is expected to be around $15,000, while Alberta also offers a provincial BPA (usually slightly lower).
Essentially, this credit lowers the amount of income tax you owe—and you don’t need to do anything special to claim it. It’s automatically factored into your tax return.
3. Medical Expense Tax Credit
Have you been paying out of pocket for medical treatments, prescriptions, dental care, or even mental health services? The Medical Expense Tax Credit lets you claim eligible expenses that exceed 3% of your income (or $2,635, whichever is less).
If you’re supporting a spouse or dependent with significant medical costs, their expenses may also qualify. Be sure to keep receipts, as the CRA may request proof.
4. Canada Caregiver Credit
Are you caring for an elderly parent, a disabled spouse, or a dependent with a serious illness? The Canada Caregiver Credit (CCC) could provide financial relief. This credit is available to those who support a family member with physical or mental impairments.
The amount you can claim varies depending on the dependent’s income and relationship to you, so it’s worth digging into the details or consulting a tax professional to ensure you’re not missing out.
5. Home Accessibility Tax Credit
If you’ve renovated your home to make it safer or more accessible for a senior or person with a disability, this one’s for you. The Home Accessibility Tax Credit lets you claim up to $10,000 in eligible renovation expenses, such as installing ramps, widening doorways, or adding grab bars in bathrooms.
This credit can be combined with others, like the Medical Expense Tax Credit, for additional savings.
6. Alberta Child and Family Benefit
Raising a family in Calgary can be expensive, but the Alberta Child and Family Benefit (ACFB) offers support for low- to middle-income families. The ACFB provides quarterly payments to eligible families, and the amount depends on your income and number of children.
You don’t need to apply separately—just ensure you file your taxes, as the CRA uses your return to determine your eligibility.
7. Student Loan Interest Credit
If you’re repaying student loans, don’t forget to claim the interest you’ve paid. The Student Loan Interest Credit is non-refundable, meaning it can reduce your tax bill but won’t result in a refund if you don’t owe taxes.
Only interest on government-issued student loans (like Canada Student Loans or Alberta Student Loans) qualifies, so keep that in mind.
8. Charitable Donations Tax Credit
Did you donate to a registered charity last year? Whether it’s to your local food bank, a wildlife conservation group, or a religious organization, you can claim up to 75% of your net income in eligible charitable donations.
Here’s a tip: Donations over $200 qualify for a higher tax credit rate. If you’ve made small contributions over a few years, consider pooling them into one tax return to maximize your credit.
9. Canada Workers Benefit (CWB)
The Canada Workers Benefit (CWB) is a refundable tax credit aimed at low-income workers. If you qualify, you can receive a boost to your income—even if you owe no taxes. The CWB is calculated automatically when you file, but you’ll need to meet certain income and employment conditions to be eligible.
There’s also an additional supplement for individuals with disabilities, so be sure to check if that applies to you.
Key Takeaways
Filing your taxes doesn’t have to feel like a chore when you know which credits to claim. From the Climate Action Incentive Payment to the Alberta Child and Family Benefit, there are plenty of opportunities for Calgarians to reduce their tax burden in 2025. The key is to stay organized—keep track of receipts, forms, and expenses—and file on time.
If you’re unsure which credits apply to you, or you want to maximize your return, we’re here to help. Contact us today for professional tax assistance that’s tailored to your needs.