Personal income tax · 2024

2024 federal personal tax rates

Federal personal income tax brackets

Personal income tax · Federal · Canada (federal) · 2024

2024 federal personal tax rates: Federal personal income tax brackets
Taxable incomeRate
$0 – $55,86715%
$55,867 – $111,73320.5%
$111,733 – $173,20526%
$173,205 – $246,75229%
$246,752 and over33%

Federal tax applies to taxable income at 14% through 33%. The five federal rates are 14%, 20.5%, 26%, 29%, and 33%. Each province page shows the combined federal and provincial rates.

Source: CRA T4032 payroll deductions tables (2024).

See all jurisdictions on the 2024 personal rates hub.