November 25, 2025 - Here's what you'll pay in federal income tax based on your taxable income in 2026: ... Keep in mind, these numbers only apply to federal taxes. You'll still need to add provincial or territorial tax depending on where you live in Canada — and those brackets and rates are separate.

Information on income tax rates in Canada including federal rates and those rates specific to provinces and territories.

For 2026, the marginal rate for $181,440 to $258,482 is 29.29% because of the above-noted personal amount reduction through this tax bracket.

1 week ago - This reference card is designed to help you and your clients with tax planning for the 2026 calendar year. ... combined federal and provincial marginal tax rates and brackets by taxable income source: interest and regular income, capital gains, eligible and ineligible dividends

Federal income tax rates in 2025 range from 14.5% to 33%. Ontario income tax rates in 2025 range from 5.05% to 13.16%. The amount of income tax that was deducted from your paycheque appears in Box 22 of your T4 slip. ... The deadline to file your 2025 income tax return in 2026 is midnight ...

6 days ago - Income above $181,440 and up to $258,482. The federal rate for the fourth bracket is 29 per cent, with the previous upper threshold at $253,414. Income above $258,482. The top federal tax rate is 33 per cent.

2 weeks ago - The second ceiling in 2026 is $85,000, up from $81,200 in 2025. To work out the maximum CPP contribution under the second ceiling, employees have to take the difference between $74,600 and $85,000, which is $10,400, and multiply that amount ...

1 month ago - Here are the 2026 federal and provincial income tax brackets in Canada.

December 6, 2025 - New 2026 CRA tax brackets can cut “bracket creep” so plan around them to ensure more compounding, and consider Manulife for dependable dividend income. The post CRA Just Released New 2026 Tax Brackets appeared first on The Motley Fool Canada.

December 2, 2025 - Several updates are being made for the 2026 tax year, including: Federal tax brackets will increase by 2% based on inflation · The basic personal amount of tax-free annual income has increased from $16,129 to $16,452 · The Canadian Pension ...

The Ontario tax brackets and personal tax credit amounts are increased for 2026 by an indexation factor of 1.019 (1.9% increase), except for the $150,000 and $220,000 bracket amounts, which are not indexed for inflation.

December 3, 2025 - The second level of tax bracket in 2025 applied a tax rate of 20.5 per cent to the portion of income that falls between $57,375 and $114,750. In 2026, that bracket and rate will cover the portion of income between $58,523 and $117,045.

December 4, 2025 - For 2026, the $32,490 rises to $33,810. Take advantage of government grants by making your contributions to RESPs and RDSPs. If you are a U.S. citizen living in Canada, be mindful that RESPs, TFSAs, RDSPs, and FHSAs will generate current taxable ...

For 2026 and subsequent tax year, the $60,000 threshold will be indexed like other income brackets, and the 8% tax rate will apply to this first bracket.

December 3, 2025 - ... Income between these thresholds receive a proportionally adjusted BPA. Canadians earning $16,452 or less in 2026 will owe no federal income tax, as their entire income is covered by the BPA credit.

December 2, 2025 - Several tax changes will be implemented next year and will affect how much you take home after deductions.

June 18, 2025 - For example, in 2026 an employee will only start paying federal income tax when earning more than $19,127 (because of the basic personal amount of $16,389, plus contributions to the Canada pension plan and employment insurance premiums being ...

Estimate your 2025-26 Canada taxes with our federal Income Tax Calculator. Instantly see your refund, after-tax income, and latest provincial tax brackets.

October 9, 2025 - The lowest federal marginal income tax rate will decrease from 15% to 14%, effective July 1, 2025. For 2025, the effective blended rate is 14.5%, and from 2026 onward it will be 14%. The income brackets are adjusted in line with inflation, ensuring ...

November 25, 2025 - The maximum amount they can claim in 2026 is $9,208, up from $9,028 in 2025. OAS recovery threshold: If your client’s net world income exceeds $95,323 in 2026 or $93,454 in 2025, they may have to repay part of or the entire OAS pension.