What Are The Tax Brackets For 2024-25 202425 Canada

What Are The Tax Brackets For 2024-25 202425 Canada. The 2024 federal budget proposed an increase in the. The federal tax brackets and personal tax credit amounts are increased for 2024 by an indexation factor of 1.047 (a 4.7% increase).

The tax tables below include the tax rates, thresholds and allowances included in the. The capital gains marginal tax rates shown in the table will be 33 ⅓% higher for the portion of.