Tax Brackets For 2025 Tax Year Canada

Tax Brackets For 2025 Tax Year Canada

Tax Brackets For 2025 Tax Year Canada. 10 rows the federal indexation factors, tax brackets and tax rates for 2025 have been confirmed to canada revenue agency (cra) information. For 2025, income tax brackets are increasing by 2.7% in the new year to prevent higher prices from pushing canadians into higher tax brackets.


Tax Brackets For 2025 Tax Year Canada

To account for inflation, canadian income tax brackets will increase by 2.7% in 2025. While federal tax rates are the same, the income thresholds for each bracket have shifted.

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