Federal and Provincial - Personal Income Tax Rates in Canada, Brackets and Surtaxes for 2012
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|
Tax Rates |
Tax Brackets |
Surtax Rate |
Surtax Threshold |
|
Federal |
15.00% 22.00 26.00 29.00 |
Up to $42,707 42,708-85,414 85,415-132,406 132,407 and over |
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|
|
Ontario |
5.05% 9.15 11.16 12.16 |
Up to $39,020 $39,021–78,043 78,044 - 500,000 500,001 and over |
20% 36% |
$4,213 5,392
|
|
British Columbia |
5.06% 7.70 10.50 12.29 14.70 |
Up to $37,013 37,014–74,028 74,029–84,993 84,994–103,205 103,206 and over |
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|
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Alberta |
10.00% |
All income |
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|
|
Saskatchewan |
11.00% 13.00 15.00 |
Up to $42,065 42,066-120,185 120,186 and over |
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Manitoba |
10.80% 12.75 17.40 |
Up to $31,000 31,001-67,000 67,001 and over |
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Québec |
16.00% 20.00 24.00 |
Up to $40,100 40,101-80,200 80,201 and over |
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New Brunswick |
9.10% 12.10 12.40 14.30 |
Up to $38,190 38,191-76,380 76,381-124,178 124,179 and over |
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|
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P.E.I. |
9.80% 13.80 16.70 |
Up to $31,984 31,985-63,969 63,970 and over |
10% |
$12,500 |
|
Newfoundland & Labrador |
7.70% 12.50 13.30 |
Up to $32,893 32,894 - 65,785 65,786 and over |
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Accountants in Toronto and & Madan Chartered Accountant in Toronto provide personal tax return preparation services
Frequenly Asked Questions:
- What are the personal income tax rates in Canada?
- What are the individual tax brackets in Canada?
- How do I calculate personal income tax?
Corporate Tax Returns