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

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.

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

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 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.

3 weeks ago - Anything above $258,482 is taxed at 33 per cent, the highest bracket. ... As it has done in successive years, Ottawa is also increasing the basic personal amount (BPA), the amount of income you can earn without having to pay federal income tax.

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

1 month ago - The B.C. minimum tax is calculated as a percentage of your federal minimum tax and is 36.1% for 2026. ... Learn more about basic tax credits available to individuals. ... For provincial income tax information for businesses and corporations, see the corporate income tax page.

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 8, 2025 - The CRA has released the 2026 federal tax brackets, raising the Basic Personal Amount (BPA) to $16,452 and adjusting CPP and EI limits.

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 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 ...

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.

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.

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 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 ...

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 - KPMG in Canada’s 2025-2026 edition ... to the lowest federal income tax bracket decreases to 14.5% in 2025 (from 15%) and to 14% in 2026...

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

1 month ago - Below is a comprehensive breakdown of all confirmed provincial tax brackets, rates, credits, surtaxes, and benefit amounts for 2026 for financial planning.