Tax Brackets 2024 2025 Canada . Turbotax's free canada income tax calculator. Your tax rate will vary by how much income you declare at the end of the year on your t1 general income.
The calculator reflects known rates as of june 1, 2024. Due to the 2.7% increase in the cpi (“inflation”) in the 12 months ended october 2024, the federal government decided to increase tax brackets by the same amount.
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