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Canada  ->
Tax Rates   ->   Current Marginal Tax Rates -> Canada Federal Personal Income Tax Brackets and Tax Rates

Canada - Federal 2017 and 2018 Tax Brackets and Marginal Tax Rates

Income Tax Act s. 117, 117.1

The Federal tax brackets and personal amount are increased for 2018 by an indexation factor of 1.015.  The indexation factors, tax brackets and tax rates have not yet been been confirmed to Canada Revenue Agency information.

The 2018 marginal tax rates for non-eligible dividends reflect the rates that are in effect due to the change in the gross-up rate for 2018, as announced in the October 24, 2017 Fall Economic Statement.

In order to determine the total tax rate paid in your province, see the combined marginal tax rates for your province.  If you are not a resident of Canada, see Who Pays Tax in Canada and on What Income?

Please read the article Understanding the Tables of Personal Income Tax Rates.

Federal Personal Income Tax Brackets and Tax Rates

2018 Taxable Income 2018 Marginal Tax Rates 2017 Taxable Income 2017 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $46,605 15.0% 7.50% -0.03% 5.77% first $45,916 15.0% 7.50% -0.03% 5.24%
over $46,605 up to $93,208 20.5% 10.25% 7.56% 12.15% over $45,916 up to $91,831 20.5% 10.25% 7.56% 11.67%
over $93,208 up to $144,489 26.0% 13.00% 15.15% 18.53% over $91,831 up to $142,353 26.0% 13.00% 15.15% 18.11%
over $144,489 up to $205,842 29.0% 14.50% 19.29% 22.01% over $142,353 up to $202,800 29.0% 14.50% 19.29% 21.62%
over $205,842 33.0% 16.50% 24.81% 26.65% over $202,800 33.0% 16.50% 24.81% 26.30%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 17% in 2017, and 16% in 2018.
For more information see dividend tax credits.

Federal Basic Personal Amount

2018 Personal Amount 2018 Tax Rate 2017 Personal Amount 2017 Tax Rate
$11,810 15% $11,635 15%

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Revised: October 24, 2017

 

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