What Are The Tax Brackets For 2025 In Canada

What Are The Tax Brackets For 2025 In Canada. The canada revenue agency (cra) has announced the updated federal income tax brackets for the year 2025, incorporating necessary adjustments due to inflation. For 2025, income tax brackets are increasing by 2.7% in the new year to prevent higher prices from pushing canadians into.

For 2025, the cra tax brackets are increasing by 2.7%. 20.5 per cent for between $57,375.01 and $114,750;