49. A person’s work income for a year is equal to the aggregate of his income from a business, after deducting business losses, and the income from an office or employment, computed, as the case may be, in accordance with paragraphs i and ii of subparagraph c of the first paragraph of section 776.29 of the Taxation Act (chapter I-3).
A person’s net work income for a year is equal to the amount by which his work income for the year exceeds the child care expenses deducted by him under sections 353 and 356.0.1 of the Taxation Act for the said year.
A person’s net work income for a year, computed on a yearly basis, is equal to the product obtained by multiplying his net work income for the year and the quotient obtained by dividing 12 by the number of months in the year during which the person met the requirements set out in subparagraphs 4 and 5 of the second paragraph of section 46.
The net work income of an adult’s family, computed on an annual basis, is equal to the amount by which the net work income of the adult and his spouse, computed on an annual basis, exceed the amount determined under the scale of excluded work income prescribed by regulation.
A family’s total income for a year is equal to the amount by which the aggregate of the total incomes of the adult, his spouse and dependent children, computed in accordance with subparagraph c of the first paragraph of section 776.29 of the Taxation Act exceeds the following amounts:(1) the total income of dependent children, up to an amount determined by regulation;
(2) the aggregate of the following amounts of income received by the adult and his spouse in a month other than a month of eligibility, excluding any amount received as surviving spouse:(a) any amounts received as unemployment benefits under the Unemployment Insurance Act (Revised Statutes of Canada, 1985, chapter U-1);
(b) any amounts received as compensation under the Act respecting industrial accidents and occupational diseases (chapter A-3.001) and those received as compensation under an Act of Canada or of another province respecting industrial accidents and occupational diseases;
(c) any amounts received as pension or annuity under the Québec Pension Plan and the Canada Pension Plan and those received as pension and as guaranteed income supplement under the Old Age Security Act (Revised Statutes of Canada, 1985, chapter O-9);
(d) any amounts received under the Automobile Insurance Act (chapter A-25);
(e) any amounts received under the Crime Victims Compensation Act (chapter I-6);
(f) any other amount prescribed by regulation;
(3) any amounts received by the adult and his spouse under the Family Allowances Act (Revised Statutes of Canada, 1985, chapter F-1);
(4) any benefits received in the year by the adult and his spouse under a last resort assistance program;
(5) any amounts earned by an Indian which must not be included in computing his income pursuant to the first paragraph of section 488 of the Taxation Act.
1988, c. 51, s. 49; 1988, c. 51, s. 49; 1989, c. 77, s. 113; 1990, c. 31, s. 4.