Individual income tax rates and brackets for 2017
The Canada Revenue Agency has indicated that an indexing factor of 1.4% will apply to federal individual income tax brackets for the 2017 tax year. The personal income tax brackets and rates which will apply for 2017 are therefore as follows.
$11,635 to $45,916 ………… 15%
$45,917 to $91,831 ………… 20%
$91,832 to $142,353 ……… 26%
$142,354 to $202,800 …… 29%
Over $202,800 ……………… 33%
The federal government does not impose a general or high-income individual income tax surtax.
For more informatation on preparing your 2016 tax return click here http://www.expert-fiscaliste.org/individual-tax/2016-tax-return/
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