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Federal Personal Tax Rates

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Canada
Tax Rates
- Current Marginal Tax Rates -> Canada Federal Personal Income Tax Brackets and Tax Rates for 2014 and 2013

Canada - Federal 2013 and 2014 Tax Brackets and Marginal Tax Rates

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

The Federal tax brackets and personal amount were increased for 2014 by an indexation factor of 1.009.

Federal Personal Income Tax Brackets and Rates

2014 Taxable Income   2014 Marginal Tax Rates 2013 Taxable Income   2013 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $43,953 15.00% 7.50% -0.03% 4.70% first $43,561 15.00% 7.50% -0.03% 2.08%
over $43,953 up to $87,907 22.00% 11.00% 9.63% 12.96% over $43,561 up to $87,123 22.00% 11.00% 9.63% 10.83%
over $87,907 up to $136,270 26.00% 13.00% 15.15% 17.68% over $87,123 up to $135,054 26.00% 13.00% 15.15% 15.83%
over $136,270 29.00% 14.50% 19.29% 21.22% over $135,054 29.00% 14.50% 19.29% 19.58%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).

Federal Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$11,138 15.00% $11,038 15.00%

Note:  Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013.  For more information see our article on the non-eligible dividend tax credit.

 

Revised: November 13, 2013

 

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