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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 2021 tax year. Filter by tax bracket and by province or territory to see tax filer numbers.
- Personal Income Tax Rates
2024 federal income tax rates. These rates apply to your...
- Personal Income Tax Rates
2021 Personal tax calculator. Calculate your combined federal and provincial tax bill in each province and territory. The calculator reflects known rates as of June 15, 2021.
- for 2021: from $12,421 to $13,808 for taxpayers with net income (line 23600) of $151,978 or less. For incomes above this threshold, the additional amount of $1,387 is reduced until it becomes zero at net income of $216,511.
Every taxpayer gets a tax credit for the basic personal amount, so any person can earn taxable income of $13,808 in 2021 without paying any federal tax, and can earn anywhere from $8,481 to $19,369, depending on the province or territory in which they live, without paying any provincial or territorial tax.
Tax Credit TypeFederal Line #Prov/terr Line #Fed (1) (2) 15%Basic personal amount (1) (3) (4)3000058040$13,808Spouse or common-law partner / ...30300 3040058120 5816013,808Age amount (age 65+) (3)30100580807,71331600584408,662Amount: As of 2021, the basic personal amount in Canada is set at $ 13,808.00. This amount is adjusted annually to account for inflation and other economic factors. Calculation: To calculate the tax credit, this amount is multiplied by the lowest Federal tax rate.
2024 federal income tax rates. These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your total tax payable.
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Net Federal tax (or AMT, whichever is more, zero if negative) / Prov add'l tax Provincial surtax except Ontario Tax reduction - non-refundable, can't exceed tax prior to reduction
