Canadian income tax rates for individuals - current and previous years

Tax rates for previous years (1985 to 2019)

To find income tax rates from previous years, see the Income Tax Package for that year. For 2018 and previous tax years, you can find the federal tax rates on Schedule 1. For 2019 and later tax years, you can find the federal tax rates on the Income Tax and Benefit Return. You will find the provincial or territorial tax rates on Form 428 for the respective province or territory (all except Quebec). To find the Quebec provincial tax rates, go to Income tax return, schedules and guide (Revenu Québec Web site).

Federal tax rates for 2020

  • 15% on the first $48,535 of taxable income, plus
  • 20.5% on the next $48,534 of taxable income (on the portion of taxable income over 48,535 up to $97,069), plus
  • 26% on the next $53,404 of taxable income (on the portion of taxable income over $97,069 up to $150,473), plus
  • 29% on the next $63,895 of taxable income (on the portion of taxable income over 150,473 up to $214,368), plus
  • 33% of taxable income over $214,368

 

The chart below reproduces the calculation on page 7 of the Income Tax and Benefit Return to calculate net federal tax.

Federal tax on taxable income manual calculation chart

If your taxable income is $48,535 or less.

Enter your taxable income from line 26000 of your return
         Blank space for dollar value
Line 36
Base amount
− 0Blank space for dollar value
Line 37
Line 36 minus line 37 (this amount cannot be negative)
=Blank space for dollar value
Line 38
Federal tax rate
× 15%Blank space for dollar value
Line 39
Multiply the amount on line 38 by the tax rate on line 39
=Blank space for dollar value
Line 40
Tax on the amount from line 37
+ 0Blank space for dollar value
Line 41
Add lines 40 and 41
=Blank space for dollar value
Line 42

If your taxable income is more than $48,535, but not more than $97,069.

Enter your taxable income from line 26000 of your return
         Blank space for dollar value
Line 36
Base amount
− 48,535Blank space for dollar value
Line 37
Line 36 minus line 37 (this amount cannot be negative)
=Blank space for dollar value
Line 38
Federal tax rate
× 20.5%Blank space for dollar value
Line 39
Multiply the amount on line 38 by the tax rate on line 39
=Blank space for dollar value
Line 40
Tax on the amount from line 37
+ 7,280Blank space for dollar value
Line 41
Add lines 40 and 41
=Blank space for dollar value
Line 42

If your taxable income is more than $97,069, but not more than $150,473.

Enter your taxable income from line 26000 of your return
         Blank space for dollar value
Line 36
Base amount
− 97,069Blank space for dollar value
Line 37
Line 36 minus line 37 (this amount cannot be negative)
=Blank space for dollar value
Line 38
Federal tax rate
× 26%Blank space for dollar value
Line 39
Multiply the amount on line 38 by the tax rate on line 39
=Blank space for dollar value
Line 40
Tax on the amount from line 37
+ 17,230Blank space for dollar value
Line 41
Add lines 40 and 41
=Blank space for dollar value
Line 42

If your taxable income is more than $150,473, but not more than $214,368.

Enter your taxable income from line 26000 of your return
         Blank space for dollar value
Line 36
Base amount
− 150,473Blank space for dollar value
Line 37
Line 36 minus line 37 (this amount cannot be negative)
=Blank space for dollar value
Line 38
Federal tax rate
× 29%Blank space for dollar value
Line 39
Multiply the amount on line 38 by the tax rate on line 39
=Blank space for dollar value
Line 40
Tax on the amount from line 37
+ 31,115Blank space for dollar value
Line 41
Add lines 40 and 41
=Blank space for dollar value
Line 42

If your taxable income is more than $214,368.

Enter your taxable income from line 26000 of your return
         Blank space for dollar value
Line 36
Base amount
− 214,368Blank space for dollar value
Line 37
Line 36 minus line 37 (this amount cannot be negative)
=Blank space for dollar value
Line 38
Federal tax rate
× 33%Blank space for dollar value
Line 39
Multiply the amount on line 38 by the tax rate on line 39
=Blank space for dollar value
Line 40
Tax on the amount from line 37
+ 49,645Blank space for dollar value
Line 41
Add lines 40 and 41
=Blank space for dollar value
Line 42

Provincial and territorial tax rates for 2020

Tax for all provinces (except Quebec) and territories is calculated the same way as federal tax.

Form 428 is used to calculate this provincial or territorial tax. Provincial or territorial specific non-refundable tax credits are also calculated on Form 428.

Provincial and territorial tax rates (combined chart)
Provinces and territories Rates
Newfoundland and Labrador 8.7% on the first $37,929 of taxable income, +
14.5% on the next $37,929, +
15.8% on the next $59,574, +
17.3% on the next $54,172, +
18.3% on the amount over $189,604
Prince Edward Island 9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969
Nova Scotia 8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820, +
17.5% on the next $57,000, +
21% on the amount over $150,000
New Brunswick 9.68% on the first $43,401 of taxable income, +
14.82% on the next $43,402, +
16.52% on the next $54,319, +
17.84% on the next $19,654, +
20.3% on the amount over $160,776
Quebec Go to Income tax rates (Revenu Québec Web site).
Ontario

5.05% on the first $44,740 of taxable income, +
9.15% on the next $44,742, +
11.16% on the next $60,518, +
12.16% on the next $70,000, +
13.16 % on the amount over $220,000

Manitoba 10.8% on the first $33,389 of taxable income, +
12.75% on the next $38,775, +
17.4% on the amount over $72,164
Saskatchewan 10.5% on the first $45,225 of taxable income, +
12.5% on the next $83,989, +
14.5% on the amount over $129,214
Alberta 10% on the first $131,220 of taxable income, +
12% on the next $26,244, +
13% on the next $52,488, +
14% on the next $104,976, +
15% on the amount over $314,928
British Columbia

5.06% on the first $41,725 of taxable income, +
7.7% on the next $41,726, +
10.5% on the next $12,361, +
12.29% on the next $20,532, +
14.7% on the next $41,404, +
16.8% on the amount over $157,748

Yukon 6.4% on the first $48,535 of taxable income, +
9% on the next $48,534, +
10.9% on the next $54,404, +
12.8% on the next $349,527, +
15% on the amount over $500,000
Northwest Territories 5.9% on the first $43,957 of taxable income, +
8.6% on the next $43,959, +
12.2% on the next $55,016, +
14.05% on the amount over $142,932
Nunavut 4% on the first $46,277 of taxable income, +
7% on the next $46,278, +
9% on the next $57,918, +
11.5% on the amount over $150,473
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