Close

Our Privacy Statement & Cookie Policy

All Thomson Reuters websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.


Print this pageForward this document  Tax brackets and rates (2024)

Tax brackets and rates (2024) *

Tax Brackets Rates Surtax rates Thresholds
Federal
$0 - $55,867 15 %    
$55,867 - $111,733 20.5%
$111,733 - $173,205 26%
$173,205 - $246,752 29%
more than $246,752 33%
Newfoundland and Labrador
$0 - $43,198 8.7%    
$43,198 - $86,395 14.5%
$86,395 - $154,244 15.8%
$154,244 - $215,943 17.8%
$215,943 - $275,870 19.8%
$275,870 - $551,739 20.8%
$551,739 - $1,103,478 21.3%
more than $1,103,478 21.8%
Prince Edward Island
$0 - $32,656 9.65%    
$32,656 - $64,313 13.63%
$64,313 - $105,000 16.65%
$105,000 - $140,000 18%
more than $140,000 18.75%
Nova Scotia
$0 - $29,590 8.79%    
$29,590 - $59,180 14.95%
$59,180 - $93,000 16.67%
$93,000 - $150,000 17.5%
more than $150,000 21%
New Brunswick
$0 - $49,958 9.4%    
$49,958 - $99,916 14%
$99,916 - $185,064 16%
more than $185,064 19.5%
Quebec
$0 - $51,780 14%    
$51,780 - $103,545 19%
$103,545 - $126,000 24%
more than $126,000 25.75%
Ontario
$0 - $51,446 5.05% 20%
36%
$5,554
$7,108
$51,446 - $102,894 9.15%
$102,894 - $150,000 11.16%
$150,000 - $220,000 12.16%
more than $220,000 13.16%
 
Tax Brackets Rates Surtax rates Thresholds
Manitoba
$0 - $47,000 10.8%    
$47,000 - $100,000 12.75%
more than $100,000 17.4%
Saskatchewan
$0 - $52,057 10.5%    
$52,057 - $148,734 12.5%
more than $148,734 14.5%
Alberta
$0 - $148,269 10%    
$148,269 - $177,922 12%
$177,922 - $237,230 13%
$237,230 - $355,845 14%
more than $355,845 15%
British Columbia
$0 - $47,937 5.06%    
$47,937 - $95,875 7.70%
$95,875 - $110,076 10.50%
$110,076 - $133,664 12.29%
$133,664 - $181,232 14.7%
$181,232 - $252,752 16.8%
more than $252,752 20.5%
Yukon
$0 - $55,867 6.4%    
$55,867 - $111,733 9%
$111,733 - $173,205 10.9%
$173,205 - $500,000 12.8%
more than $500,000 15%
Northwest Territories
$0 - $50,597 5.9%    
$50,597 - $101,198 8.6%
$101,198 - $164,525 12.2%
more than $164,525 14.05%
Nunavut
$0 - $53,268 4%    
$53,268 - $106,537 7%
$106,537 - $173,205 9%
more than $173,205 11.5%

* Based on information available as of December 16, 2024

December 16, 2024