Tax brackets
Federal 2020 tax brackets
Federal table for employment income. Choose a province or territory for combined tables.
Federal: 5 brackets, top rate 33.0% above $214,368.
Marginal vs. average
A marginal rate applies only to income within a bracket, not your total income.
2020 brackets
Federal income tax
Marginal rates apply to income inside each range.
Last verified: 2025-12-20
| Bracket range | Rate |
|---|---|
| $0 to $48,535 | 15.0% |
| $48,535 to $97,069 | 20.5% |
| $97,069 to $150,473 | 26.0% |
| $150,473 to $214,368 | 29.0% |
| Over $214,368 | 33.0% |
Upper bounds reflect the start of the next bracket. The last bracket applies above the final threshold.
Notes: Federal tax brackets (CRA T4032 payroll tables). Thresholds are lower bounds; rates are decimals. BPA reflects the maximum 'enhanced' amount introduced in 2020 for incomes below the phase-out threshold ($150,473).
More regions in 2020