2024 Income Tax Brackets Canada. For 2024, the federal income thresholds, the personal amounts, and the canada employment amount have been changed based on changes in the consumer. Only the 10% bracket — the lowest bracket — and the 35% bracket stayed the same.

Personal income tax and benefit values are adjusted to reflect inflationary trends. Estimate your 2023 tax refund or taxes owed, and check federal and provincial tax rates.