Income Tax Bracket 2024 Canada. This is also how most provincial tax brackets work as. The federal tax brackets and personal tax credit amounts are increased for 2024 by an indexation.
For an individual in the top tax bracket (53.53% in ontario), this results in a tax liability of $64,236. Here are the federal income tax brackets for the 2023 and 2024 tax years.
Income Tax Bracket 2024 Canada Images References :
