Tax credits
Net income
Your total income minus specific deductions on your tax return, before some benefit-related adjustments.
Many benefits use net income or a related adjusted amount, not gross pay alone.
Benefits glossary
Government benefits, tax, disability and drug-coverage terms explained in plain language.
Definitions are educational. Official program rules still apply.
2 matching terms
Reset filtersTax credits
Your total income minus specific deductions on your tax return, before some benefit-related adjustments.
Many benefits use net income or a related adjusted amount, not gross pay alone.
Tax credits
A tax credit that reduces the tax you owe but cannot be paid to you as cash if you have no tax payable.
These credits help people who pay tax but may provide little direct cash to very low-income filers.
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Definitions explain common government and program language in plain words. They are starting points for understanding, not legal advice or official eligibility decisions. Confirm important details with the official program, CRA, Service Canada, or a qualified professional.
Glossary reviewed September 13, 2026