Tax Rates 2025 Canada. The canada revenue agency (cra) has officially released the 2025 canadian tax updates, including revised tax brackets, contribution limits, and benefit adjustments. Each year, most income tax and benefit amounts in canada are indexed to inflation.
For 2025, income tax brackets are increasing by 2.7% in the new year to prevent higher prices from pushing canadians into higher tax brackets. Read the article understanding the tables of personal income tax rates, especially if you are trying to compare the rates below to the marginal tax rates in the basic tax calculator or the detailed tax calculators.