Income Tax Rates and Tables

Each person in Canada must pay tax on their worldwide income. The federal and provincial/territorial governments set tax rates and tax brackets. Higher tax rates apply to income in higher tax brackets. The federal tax rates for 2021 are:

  • 15%
  • 20.5%
  • 26%
  • 29.32%
  • 33%

Provincial/territorial tax is applied on top of the federal rates. For tax purposes, the province/territory you lived in or deemed to have lived in, as of December 31 of any year, is considered your province/territory of residence for that tax year.

Below the explanatory tax rates and tax table presentations are links to the combined federal and provincial/territorial tax rates tables for all provinces and territories in Canada. After viewing the presentations, use the table for your jurisdiction to:

  • Identify the tax rates that apply to income in your province or territory.
  • Recognize your marginal tax rate (MTR) percentage (and your spouse/partner’s).
  • Evaluate saving versus debt decisions.
  • Compare current versus retirement tax rates.
  • Evaluate income splitting strategies with your spouse/partner.

How to use the Combined Federal-Provincial Tax Rate Tables

Discover how to examine income tax brackets, marginal tax rates and actual tax owing. Click the button below to start.

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Tax Planning Using a Combined Federal-Provincial Tax Rate Table

Which is better? An RRSP or a TFSA? A personal or spousal RRSP? It depends on your marginal tax rate. Find out how. Click the button below to start.

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Combined Federal-Provincial/Territorial Tax Rates Tables

British Columbia

Alberta

Saskatchewan

Manitoba

Ontario

Quebec

Newfoundland and Labrador

New Brunswick

Nova Scotia

Prince Edward Island

Yukon

Northwest Territories

Nunavut