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Federal 2015 and 2014 Personal Tax Rates
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Canadian Tax and
Financial Information
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Canada - Federal 2014 and 2015 Tax Brackets
and Marginal Tax Rates
The Federal tax brackets
and personal amount were increased for 2015 by an indexation factor of
1.017. The indexation factor, bracket thresholds and personal amount for
2015 have been
confirmed to Canada Revenue Agency amounts.
Federal Personal Income Tax Brackets and Tax Rates
2015
Taxable Income
2015
Marginal Tax Rates
2014
Taxable Income
2014
Marginal Tax Rates
Other
Income
Capital
Gains
Canadian
Dividends
Other
Income
Capital
Gains
Canadian
Dividends
Eligible
Non-Eligible
Eligible
Non-Eligible
first $44,701
15%
7.5%
-0.03%
4.70%
first $43,953
15%
7.5%
-0.03%
4.70%
over $44,701 up to
$89,401
22%
11.0%
9.63%
12.96%
over $43,953 up to
$87,907
22%
11.0%
9.63%
12.96%
over $89,401 up to $138,586
26%
13.0%
15.15%
17.68%
over $87,907 up to $136,270
26%
13.0%
15.15%
17.68%
over $138,586
29%
14.5%
19.29%
21.22%
over $136,270
29%
14.5%
19.29%
21.22%
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).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 18%.
For more information see dividend tax
credits.
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