15% on the first $43,953 of taxable income, +
  • 22%..." />

    2014 Income Tax Rates

    Courtesy of Canada Revenue Agency, Posted 06 Jun 2014


    Federal Tax Rates
    • 15% on the first $43,953 of taxable income, +
    • 22% on the next $43,954 of taxable income (on the portion of taxable income over $43,953 up to $87,907), +
    • 26% on the next $48,363 of taxable income (on the portion of taxable income over $87,907 up to $136,270), +
    • 29% of taxable income over $136,270.

    Tax Rates for previous years

    Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html

     

    Nova Scotia
    • 8.79% on the first $29,590 of taxable income, +
    • 14.95% on the next $29,590, +
    • 16.67% on the next $33,820, +
    • 17.5% on the next $57,000, +
    • 21% on the amount over $150,000
    New Brunswick
    • 9.68% on the first $39,305 of taxable income, +
    • 14.82% on the next $39,304, +
    • 16.52% on the next $49,193, +
    • 17.84% on the amount over $127,802
    Ontario
    • 5.05% on the first $40,120 of taxable income, +
    • 9.15% on the next $40,122, +
    • 11.16% on the next $433,848, +
    • 13.16 % on the amount over $514,090
    Alberta
    • 10% of taxable income
    Other Provinces

    Tax Rates for previous years

    Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html