diff --git a/changelog_entry.yaml b/changelog_entry.yaml index e69de29bb..e171e6234 100644 --- a/changelog_entry.yaml +++ b/changelog_entry.yaml @@ -0,0 +1,4 @@ +- bump: minor + changes: + added: + - British Columbia basic personal amount. diff --git a/policyengine_canada/parameters/gov/provinces/bc/tax/income/credits/basic_personal_amount/base.yaml b/policyengine_canada/parameters/gov/provinces/bc/tax/income/credits/basic_personal_amount/base.yaml new file mode 100644 index 000000000..5400c9729 --- /dev/null +++ b/policyengine_canada/parameters/gov/provinces/bc/tax/income/credits/basic_personal_amount/base.yaml @@ -0,0 +1,16 @@ +description: British Columbia provides the following basic personal amount. +values: + 2022-01-01: 11_302 + 2023-01-01: 11_981 +metadata: + unit: currency-CAD + period: year + label: British Columbia basic personal amount + reference: + - title: 2022 British Columbia, Personal Tax Credits Return, TD1BC + href: https://tsaykeh.com/files/pdf/1650179447_BC%20Tax%20Form.pdf#page=1 + - title: 2023 British Columbia, Personal Tax Credits Return, TD1BC + href: https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/td1bc/td1bc-23e.pdf#page=1 + # The income tax act specifies inflation unadjusted amounts + - title: British Columbia Income Tax Act, Division 2, 4.3, 1.1 + href: https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/96215_01 diff --git a/policyengine_canada/parameters/gov/provinces/bc/tax/income/credits/non_refundable.yaml b/policyengine_canada/parameters/gov/provinces/bc/tax/income/credits/non_refundable.yaml index f3d40c64f..0286b63e5 100644 --- a/policyengine_canada/parameters/gov/provinces/bc/tax/income/credits/non_refundable.yaml +++ b/policyengine_canada/parameters/gov/provinces/bc/tax/income/credits/non_refundable.yaml @@ -1,8 +1,11 @@ -description: British Columbia list of non-refundable tax credits. +description: British Columbia provides the following non-refundable tax credits. values: 2022-01-01: - bc_tax_reduction_credit - bc_age_credit + - bc_basic_personal_amount metadata: - unit: program + unit: list + period: year + label: British Columbia non-refundable tax credits diff --git a/policyengine_canada/tests/gov/integration.yaml b/policyengine_canada/tests/gov/integration.yaml index a10b8a3ec..9cfc3e277 100644 --- a/policyengine_canada/tests/gov/integration.yaml +++ b/policyengine_canada/tests/gov/integration.yaml @@ -88,33 +88,3 @@ benefits: 3_706 income_tax_before_refundable_credits: 0 income_tax_before_credits: 0 - - -- name: Integration - British Columbia - period: 2023 - absolute_error_margin: 0.5 - input: - people: - parent: - age: 40 - bc_taxable_income: 10_000 - c1: - age: 12 - full_custody: false - household: - members: [parent, c1] - province_code_str: BC - adjusted_family_net_income: 20_000 - is_married: false - family_working_income: 3_000 - output: - on_non_refundable_credits: 0 - on_refundable_credits: 0 - on_benefits: 0 - household_net_income: 4_551.46 - bc_non_refundable_credits: 521 - bc_refundable_credits: 386.9 - bc_benefits: 1_599.96 - non_refundable_tax_credits: 15_000 - income_tax_before_refundable_credits: 0 - income_tax_before_credits: 0 diff --git a/policyengine_canada/tests/gov/provinces/bc/tax/income/credits/basic_personal_amount/bc_basic_personal_amount.yaml b/policyengine_canada/tests/gov/provinces/bc/tax/income/credits/basic_personal_amount/bc_basic_personal_amount.yaml new file mode 100644 index 000000000..25c777f80 --- /dev/null +++ b/policyengine_canada/tests/gov/provinces/bc/tax/income/credits/basic_personal_amount/bc_basic_personal_amount.yaml @@ -0,0 +1,13 @@ +- name: 2023 Basic personal amount + period: 2023 + input: + province_code: BC + output: + bc_basic_personal_amount: 11_981 + +- name: 2022 Basic personal amount + period: 2022 + input: + province_code: BC + output: + bc_basic_personal_amount: 11_302 diff --git a/policyengine_canada/variables/gov/provinces/bc/tax/income/credits/basic_personal_amount/bc_basic_personal_amount.py b/policyengine_canada/variables/gov/provinces/bc/tax/income/credits/basic_personal_amount/bc_basic_personal_amount.py new file mode 100644 index 000000000..1f6f9f1ea --- /dev/null +++ b/policyengine_canada/variables/gov/provinces/bc/tax/income/credits/basic_personal_amount/bc_basic_personal_amount.py @@ -0,0 +1,17 @@ +from policyengine_canada.model_api import * + + +class bc_basic_personal_amount(Variable): + value_type = float + entity = Person + label = "British Columbia basic personal amount" + unit = CAD + definition_period = YEAR + reference = "https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/td1bc/td1bc-23e.pdf#page=1" + defined_for = ProvinceCode.BC + + def formula(person, period, parameters): + p = parameters( + period + ).gov.provinces.bc.tax.income.credits.basic_personal_amount + return p.base