2024 Tax Brackets Canada Calculator

2024 Tax Brackets Canada Calculator. The federal tax brackets and personal tax credit amounts are increased for 2024 by an indexation factor of 1.047 (a 4.7% increase). Your average tax rate is 10.94% and your.


2024 Tax Brackets Canada Calculator

2024 cwb amounts are based on 2023 amounts indexed for inflation. The amounts assume that all income is interest, ordinary income (such as salary) and/or taxable capital gains, and only the basic personal tax credit (bptc) is claimed.

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