Federal tax rates

2019 Federal Canada’s Income Tax Brackets were as follows:

• 15% on the first $47,630 of taxable income,plus
• 20.5% on the next $47,629 of taxable income (on the portion of taxable income over 47,630 up to $95,259),plus
• 26% on the next $52,408 of taxable income (on the portion of taxable income over $95,259 up to $147,667),plus
• 29% on the next $62,704 of taxable income (on the portion of taxable income over 147,667 up to $210,371), plus
• 33% of taxable income over $210,371

 

2018 Federal Canada’s Income Tax Brackets were as follows:

• 15 percent on your first $45,282 of taxable income;
• 20.5 percent on your next $45,281 of taxable income, that is, on the portion of your taxable income over $45,282 up to $90,563;
• 26 percent on the next $49,825 of taxable income, that is, on the portion of your taxable income over $90,563 up to $140,388;
• 29 percent on the next $59,612 of taxable income, that is, on the portion of your taxable income over $140,388 up to $200,000
• 33 percent of taxable income over $200,000.

Canadian income tax rates for Individuals – current and previous years

Federal tax rates for 2014