Canadian income tax rates for Individuals - current and previous years

Tax rates for previous years

Federal and provincial/territorial tax rates for previous years
You can find the federal tax rates on Schedule 1 and the provincial/territorial tax rates on Form 428 of the General Income Tax and Benefit Package.

Federal tax rates for 2015

  • 15% on the first $44,701 of taxable income, +
  • 22% on the next $44,700 of taxable income (on the portion of taxable income over $44,701 up to $89,401), +
  • 26% on the next $49,185 of taxable income (on the portion of taxable income over $89,401 up to $138,586), +
  • 29% of taxable income over $138,586.
 

The chart below reproduces the calculation of Schedule 1 of the tax package to calculate net federal tax.

Federal tax on taxable income manual calculation chart

If your taxable income is $44,701 or less

Enter your taxable income from line 260 of your return
 Blank space for dollar value
Line 1
Base amount
0
Line 2
Line 1 minus line 2 (this amount cannot be negative)
=Blank space for dollar value
Line 3
Federal tax rate
×15%
Line 4
Multiply the amount on line 3 by the tax rate on line 4
=Blank space for dollar value
Line 5
Tax on the amount from line 2
+0
Line 6
Add lines 5 and 6
=Blank space for dollar value
Line 7

If your taxable income is more than $44,701, but not more than $89,401

Enter your taxable income from line 260 of your return
 Blank space for dollar value
Line 1
Base amount
44,701
Line 2
Line 1 minus line 2 (this amount cannot be negative)
=Blank space for dollar value
Line 3
Federal tax rate
×22%
Line 4
Multiply the amount on line 3 by the tax rate on line 4
=Blank space for dollar value
Line 5
Tax on the amount from line 2
+6,705
Line 6
Add lines 5 and 6
=Blank space for dollar value
Line 7

If your taxable income is more than $89,401, but not more than $138,586

Enter your taxable income from line 260 of your return
 Blank space for dollar value
Line 1
Base amount
89,401
Line 2
Line 1 minus line 2 (this amount cannot be negative)
=Blank space for dollar value
Line 3
Federal tax rate
×26%
Line 4
Multiply the amount on line 3 by the tax rate on line 4
=Blank space for dollar value
Line 5
Tax on the amount from line 2
+16,539
Line 6
Add lines 5 and 6
=Blank space for dollar value
Line 7

If your taxable income is more than $138,586

Enter your taxable income from line 260 of your return
 Blank space for dollar value
Line 1
Base amount
138,586
Line 2
Line 1 minus line 2 (this amount cannot be negative)
=Blank space for dollar value
Line 3
Federal tax rate
×29%
Line 4
Multiply the amount on line 3 by the tax rate on line 4
=Blank space for dollar value
Line 5
Tax on the amount from line 2
+29,327
Line 6
Add lines 5 and 6
=Blank space for dollar value
Line 7

Provincial/territorial tax rates for 2015

Tax for all provinces (except Quebec) and territories is calculated the same way as federal tax.

Form 428 is used to calculate this provincial or territorial tax. Provincial or territorial specific non-refundable tax credits are also calculated on Form 428.

Provincial/territorial tax rates (combined chart)
Provinces/territories Rate(s)
Newfoundland and Labrador 7.7% on the first $35,008 of taxable income, +
12.5% on the next $35,007, +
13.3% on the amount over $70,015
Prince Edward Island 9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969
Nova Scotia 8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820, +
17.5% on the next $57,000, +
21% on the amount over $150,000
New Brunswick 9.68% on the first $39,973 of taxable income, +
14.82% on the next $39,973, +
16.52% on the next $50,029, +
17.84% on the amount over $129,975
Quebec Go to Income tax rates (Revenu Québec Web site).
Ontario

5.05% on the first $40,922 of taxable income, +
9.15% on the next $40,925, +
11.16% on the next $68,153, +
12.16% on the next $70,000, +
13.16 % on the amount over $220,000

Manitoba 10.8% on the first $31,000 of taxable income, +
12.75% on the next $36,000, +
17.4% on the amount over $67,000
Saskatchewan 11% on the first $44,028 of taxable income, +
13% on the next $81,767, +
15% on the amount over $125,795
Alberta 10% of taxable income
British Columbia 5.06% on the first $37,869 of taxable income, +
7.7% on the next $37,871, +
10.5% on the next $11,218, +
12.29% on the next $18,634, +
14.7% on the next $45,458, +
16.8% on the amount over $151,050
Yukon 7.04% on the first $44,701 of taxable income, +
9.68% on the next $44,700, +
11.44% on the next $49,185, +
12.76% on the amount over $138,586
Northwest Territories 5.9% on the first $40,484 of taxable income, +
8.6% on the next $40,487, +
12.2% on the next $50,670, +
14.05% on the amount over $131,641
Nunavut 4% on the first $42,622 of taxable income, +
7% on the next $42,621, +
9% on the next $53,343, +
11.5% on the amount over $138,586

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