Tax Brackets 2025 Canada Cra. Increased basic personal amounts and indexing rates mean you will receive a higher salary in 2025 or owe less tax when you file your 2025 taxes in 2025. This edition of tax facts covers key tax information including:
The federal income tax system in canada is structured using progressive tax brackets, meaning the rate of taxation increases as income rises. By filing your tax return on time, youโll avoid delays to any refund, benefit, or credit payments you may be.