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Aug 8, 2022 · The Public Transit Tax Credit is available to taxpayers who use public transit to commute to work or school. The credit is worth 15% of the cost of eligible transit passes, up to a maximum of $225 per month.
Dec 6, 2022 · Here are the tax brackets for all the provinces and territories in Canada for 2022: Alberta tax brackets 2022
Canada 2023 and 2022 Tax Rates & Tax Brackets. The Federal tax brackets and personal tax credit amounts are increased for 2023 by an indexation factor of 1.063 (a 6.3% increase). See Indexation of the Personal Income Tax System for how the indexation factors are calculated. The federal indexation factors, tax brackets and tax rates for 2023 ...
This figure presents the taxable income amount ($000,000) for the selected tax bracket or all tax brackets and the selected provinces and territories for the 2022 tax year.
These statistics contain information from initial assessments up to the cut-off date of January 28, 2022. All of the statistics in this publication are subject to revision. Classification variables.
This figure presents the net federal tax amount ($000,000) for the selected tax bracket or all tax brackets and the selected provinces and territories for the 2022 tax year.
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Are personal income tax rates increased in 2022?
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What are Canada's tax brackets?
The Federal tax brackets and personal tax credit amounts are increased for 2022 by an indexation factor of 1.024 (a 2.4% increase). The federal indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency (CRA) information. See Indexation adjustment for personal income tax and benefit amounts on the CRA website.
