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OAS Clawback

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OAS Clawback

Net world income

Net world income is the total of all income paid or credited to you in a year from Canadian and foreign sources minus any allowable deductions. It includes income from: 

Employment, Business, Pensions, Social Security, Capital Gains, Rental Property, Interest, Dividends

You must pay the recovery tax if:

  • your annual net world income is more than $93,454 (for 2025, in Canadian dollars), and
  • you live in a country where the non-resident tax on Canadian pensions is 25% or more.
Recovery tax periodIncome yearMinimum income recovery thresholdMaximum income recovery threshold
Age 65 to 74Age 75 and over
July 2024 to June 20252023$86,912$142,609$148,179
July 2025 to June 20262024$90,997$148,451$154,196
July 2026 to June 20272025$93,454$151,6681$157,4901
  • 1 These amounts are not final for the 2025 income year and will be adjusted to reflect the quarterly adjustment of OAS benefits for the remaining quarters of 2025.

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