Tax brackets
Federal 2024 tax brackets
Federal table for employment income. Choose a province or territory for combined tables.
Federal: 5 brackets, top rate 33.0% above $246,752.
Marginal vs. average
A marginal rate applies only to income within a bracket, not your total income.
2024 brackets
Federal income tax
Marginal rates apply to income inside each range.
Last verified: 2025-12-20
| Bracket range | Rate |
|---|---|
| $0 to $55,867 | 15.0% |
| $55,867 to $111,733 | 20.5% |
| $111,733 to $173,205 | 26.0% |
| $173,205 to $246,752 | 29.0% |
| Over $246,752 | 33.0% |
Upper bounds reflect the start of the next bracket. The last bracket applies above the final threshold.
Notes: BPA reflects the maximum 'enhanced' amount
More regions in 2024