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Canada Individual Income Tax Brackets/Rates for 2022

|Approved Changes|Canada
Canada

The Canadian Revenue Agency (CRA) has published the income tax brackets and rates for individuals for 2022. For federal tax purposes, the brackets and rates are as follows:

  • up to CAD 50,197 - 15%
  • over CAD 50,197 up to 100,392 - 20.5%
  • over CAD 100,392 up to 155,625 - 26%
  • over CAD 155,625 up to 221,708 - 29%
  • over CAD 221,708 - 33%

The provincial and territorial tax rates are also provided, wi…

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