Low Income Tax Reduction

The Low Income Tax Reduction (LITR) is a provincial personal income tax reduction for low income individuals and families.

For the 2018 taxation year, the LITR will eliminate provincial income tax for individuals with net income up to $19,994 or for families with net income up to $33,808. Partial tax reductions will be received by individuals with net income up to $25,213 and for families with net income up to $41,933.

For the 2019 taxation year, the LITR will eliminate provincial income tax for individuals with net income up to $20,354 or for families with net income up to $34,417. Partial tax reductions will be received by individuals with net income up to $25,667 and for families with net income up to $42,692.

The LITR income thresholds are increased annually utilizing the provincial Consumer Price Index.

Legislative reference to the Low Income Tax Reduction can be found here: Income Tax Act

For more information respecting Low Income Tax Reduction please contact:

Department of Finance

Fiscal and Economic Policy Branch
P.O. Box 8700
St. John’s, NL
A1B 4J6
Tel: (709) 729-3166
Fax: (709) 729-0393