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The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in addition to federal income tax rates.
Your tax rate will vary by how much income you declare at the end of the year on your T1 General Income Tax Return and where you live in Canada. Importantly, your provincial or territorial rate is determined by the province/territory you are living in on December 31 of the tax year.
Information for individuals and businesses on rates such as federal and provincial/territorial tax rates, prescribed interest rates, EI rates, corporation tax rates, excise tax rates, and more.
30 cze 2024 · Federal and Provincial/Territorial Income Tax Rates and Brackets for 2024 Current as of June 30, 2024
2024 & 2023 Tax Rates & Tax Brackets - Canada, Provinces & Territories. Choose your province or territory below to see the combined Federal & Provincial/Territorial marginal tax rates for each tax bracket. Canada tax rates - Federal. Alberta.
21 cze 2024 · Rates vary among the jurisdictions. Two provinces also impose surtaxes that may increase the provincial income taxes payable. Provincial and territorial taxes are not deductible when computing federal, provincial, or territorial taxable income.
2024 Personal tax calculator. Calculate your combined federal and provincial tax bill in each province and territory. The calculator reflects known rates as of June 1, 2024.
