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

December 4, 2025 - TaxTips.ca - 2025 and 2026 Canadian income tax and RRSP savings calculator - excellent tax planning tool - calculates taxes, shows RRSP savings, includes most deductions and tax credits.

Calculate your annual federal and provincial combined tax rate with our easy online tool.

That means that your net pay will be $1,888 per year, or $157 per month. Your average tax rate is 6.8% and your marginal tax rate is 16.3%. This marginal tax rate means that your immediate additional income will be taxed at this rate.

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

October 24, 2024 - Get a free estimate of your tax refund or amount owing with our Canadian income tax calculator. Trusted by Canadians for over 60 Years.

Estimate your income taxes with our free Canada income tax calculator. See your tax bracket, marginal and average tax rates, payroll tax deductions, tax refunds, and taxes owed.

December 2, 2025 - The Canada Revenue Agency (CRA) has released the 2026 federal income tax brackets, providing Canadians with updated information to plan their finances for the upcoming year. These changes reflect inflation adjustments and policy updates, including a lower starting tax rate, which could reduce the federal portion of your tax bill for 2026. Understanding the new brackets is essential for accurate tax planning, whether you are calculating expected payments, optimizing RRSP contributions, or evaluating year-end bonuses.

See Indexation of the Personal Income Tax System for how the indexation factors are calculated. The Federal and Ontario indexation factors, tax brackets and tax rates for 2026 have been confirmed to Canada Revenue Agency information.

2 weeks ago - 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 by the lower contribution rate of four per cent to get $416.

Calculate your combined federal and provincial tax bill in each province and territory · The calculator reflects known rates as of June 1, 2025

These are also known as 'tax brackets' and are different for federal, provincial and/or territorial income tax. ... For 2026, the federal income thresholds, the personal amounts, and the Canada employment amount have been changed based on changes in the consumer price index.

December 16, 2025 - We’ve gathered the updated tax brackets for 2026, along with an easy-to-understand overview of the Canadian tax system to help you prepare and plan for future tax filings.

December 2, 2025 - Tax brackets are updated based on inflation rates using the Consumer Price Index. This means that tax bracket thresholds increase in relation to the increase of the costs of goods and services. Here are new federal and provincial tax brackets and rates for 2026:

1 week 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.

December 3, 2025 - The highest income tax bracket in 2025 applied a tax of 33 per cent to the portion of income exceeding $253,414. In 2026, that rate will apply to the portion of income above $258,482. “Income is reported and tax is calculated on an annual basis.

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 ...

December 6, 2025 - Even small upward adjustments help prevent “bracket creep,” where inflation pushes people into paying more tax even though their real purchasing power hasn’t improved. Here is what the CRA recently announced. Most importantly, new brackets set the tone for how Canadians should structure their investment income.

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

December 4, 2025 - Once you add in provincial/territorial surtaxes, top rates can exceed 50%. There is an excellent table at TaxTips.ca – Canada’s Top Marginal Tax Rates by Province/Territory, which shows the fully weighted top marginal tax brackets by jurisdiction and type of income.