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2025 Tax Brackets Vs 2024 Canada

2025 Tax Brackets Vs 2024 Canada. As part of the annual inflation adjustment, the federal income tax brackets for 2025 will be indexed to the 2.7% inflation rate. Zero to $57,375 of income (15 per cent);


2025 Tax Brackets Vs 2024 Canada

Canada has only five federal brackets, ranging from 15% to 33%. The canada revenue agency (cra) has announced updates to federal income tax brackets for 2025, reflecting changes driven by inflation adjustments.

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