Annual Income Estimates for Census Families and Individuals (T1 Family File)
After-tax income of person, value
After-tax income refers to total income less income taxes of the statistical unit during a specified reference period. Income taxes refers to the sum of federal income taxes, provincial and territorial income taxes, less abatement where applicable. Provincial and territorial income taxes include health care premiums in certain jurisdictions. Abatement reduces the federal income taxes payable by persons residing in Quebec or in certain self-governing Yukon First Nation settlement lands.
Person refers to an individual and is the unit of analysis for most social statistics programs.
The data for this variable are reported using the following measurements:
- Canadian dollar at current prices