New Tax Brackets 2025 Canada 2025

New Tax Brackets 2025 Canada 2025. For 2025, all five federal income tax brackets have been indexed to inflation using the 2.7 per cent rate. The canada revenue agency (cra) has officially released the 2025 canadian tax updates, including revised tax brackets, contribution limits, and benefit adjustments.

Federal tax is 15 per cent for earnings up to $57,375; 20.5 per cent for between $57,375.01 and $114,750;