2024 Tax Rates And Brackets Canada Free. Learn about changes, rates, and deadlines from the canada revenue agency (cra). In early 2024, the cra invited more than 1.5 million individuals with a lower income or a fixed income and who are in a simple tax situation that remains unchanged from year to year to use simplefile by phone, double the number from the previous year.
Your tax rate will vary by how much income you declare at the end of the year on your t1 general income tax return and where you live in canada. Canada tax calculator 2024 hanny kirstin, 7.7% on taxable income over $47,937 up to $95,875: