2015 Income Tax Rates

Courtesy of Canada Revenue Agency, Posted 15 Jun 2015


FEDERAL TAX RATES
  • 15% on the first $44,701 of taxable income, +
  • 22% on the next $44,700 of taxable income (on the portion of taxable income over $44,701 up to $89,401), +
  • 26% on the next $49,185 of taxable income (on the portion of taxable income over $89,401 up to $138,586), +
  • 29% of taxable income over $138,586.

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 $39,973 of taxable income, +
  • 14.82% on the next $39,973, +
  • 16.52% on the next $50,029, +
  • 17.84% on the amount over $129,975
ONTARIO
  • 5.05% on the first $40,922 of taxable income, +
  • 9.15% on the next $40,925, +
  • 11.16% on the next $68,153, +
  • 12.16% on the next $70,000 +
  • 13.16 % on the amount over $220,000
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