Federal Tax Brackets and Income Tax Rates for Individuals 2017-2018

The Federal tax brackets have been increased for 2018 by an indexation factor of 1.1015. The Federal Personal Amount has also been increased to $11,810.

There are 5 federal tax brackets and 5 corresponding tax rates. The lowest rate is 15.0% and the highest rate is 33.0%. The highest federal rate is applied above $205,843. On top of the federal income tax rates, each province has their own provincial taxes rates as well. In order to determine the total tax rate paid in your province, you’ll have to add together the federal and provincial tax rates. For the combined margined tax rates see the tax tables for your province.

2018 Federal Income Tax Brackets and Tax Rates

Canada Federal Personal Income Tax Brackets and Tax Rates
2018 Taxable income Tax rate 2018
$0 - $46,60515.00%
$46,606 - $93,20820.50%
$93,209 - $144,48926.00%
$144,490 - $205,84229.00%
$205,843 -33.00%

Federal Basic Personal Amount
2018Tax rate
$11,81015.00%

2017 Federal Income Tax Brackets and Tax Rates

Canada Federal Personal Income Tax Brackets and Tax Rates
2017 Taxable income Tax rate 2017
$0 - $45,91615.00%
$45,917 - $91,83120.50%
$91,832 - $142,35326.00%
$142,354 - $202,80029.00%
$202,801 -33.00%

Federal Basic Personal Amount
2017Tax rate
$11,63515.00%