Personal Tax Rates


Federal tax rates for 2016 are: (Individual)

• 15% on the first $45,282 of taxable income, +
• 20.5% on the next $45,281 of taxable income (over $45,282 up to $90,563), +
• 26% on the next $49,825 of taxable income (over $90,563 up to $140,388), +
• 29% on the next $59,612 of taxable income (over $140,388 up to $200,000), +
• 33% of taxable income over $200,000.

Federal tax rates for 2015 (Individual)

      First $44,701                                 15%
      over $44,701 up to $89,401       22%
      over $89,401 up to $138,586    26%
              over $138,586                               29%

Provincial & Territorial Income Tax rates are different for each province or Territory: