Canadian federal tax rates

Federal income tax rates are the same in all Canadian provinces and territories. Choose are year to check income tax rates you are interested in and use one of income tax calculator to check your payable taxes for current year.

2016 2015 2014 2013 2012

Federal income tax rates in Canada for 2016

In 2016 Canadian federal income tax brackets and base amount were increased by ~1.3%.

Federal personal base amount is $11,474.

Taxable income Rate
0 – $45282 15.00%
$45283 – $90563 $5071.20 + 20.50% for income over $45282
$90564 – $140388 $14353.60 + 26.00% for income over $90563
$140389 – $200000 $27987.52 + 29.00% for income over $140388
over $200001 $45275.00 + 33.00% for income over $200001

Federal income tax rates in Canada for 2015

In 2015 Canadian federal income tax brackets and base amount were increased by ~1.7%.

Federal personal base amount is $11,327.

Taxable income Rate
0 – $44701 15.00%
$44702 – $89401 $5006.10 + 22.00% for income over $44701
$89402 – $138586 $14840.10 + 26.00% for income over $89401
over $138586 $27628.20 + 29.00% for income over $138586

Federal income tax rates in 2014

In 2014 Canadian federal income tax brackets and base amount were increased by ~1%.

Federal personal base amount is $11,138.

Taxable income Rate
0 – $43,953 15.00%
$43,954 – $87,907 $4,922 + 22.00% for income over $43,954
$87,908 – $136,270 $14,592 + 26.00% for income over $87,907
over $136,270 $27,167 + 29.00% for income over $136,270

Federal income tax rates for 2013

In 2013 all income tax brackets and base amount were increased by ~2%. It means people should pay less taxes if their salary won’t increase during year 2013. For example somebody earns $50,000 annually. In 2012 payable federal taxes were $6,387 and in year 2013 payable federal taxes will be almost $100 lower, i.e. $6,295

Taxable income Rate
0 – $43,561 15.00%
$43,562 – $87,123 $4,878.45 + 22.00% for income over $43,561
$87,124 – $13,5054 $14,462.09 + 26.00% for income over $87,123
over $135,054 $26,924.15 + 29.00% for income over $135,054

Federal income tax rates for 2012

Taxable income Rate
0 – $42,707 15.00%
$42,708 – $85,414 $4,782.75 + 22.00% for income over $42,707
$85,415 – $132,406 $14,178.29 + 26.00% for income over $85,414
over $132,406 $26,396.21 + 29.00% for income over $132,406

 

One thought on “Canadian federal tax rates

  1. hello i live in quebec , i owned a property in the states sold at 91.000 canadian , i only have my pension which is under 12,000 per year , what would be the percentage of of my total taxes i would have to pay , and would it be on the full amount thank u

Leave a Reply

Your email address will not be published. Required fields are marked *