Federal Tax
|
2021 |
15% on the first $49,020 of taxable income + |
20.5% on the portion of taxable income over $49,020 up to $98,040 + |
26% on the portion of taxable income over $98,040 up to $151,978 + |
29% on the portion of taxable income over $151,978 up to $216,511 + |
33% of taxable income over $216,511 |
|
2020 |
15% on the first $48,535 of taxable income + |
20.5% on the portion of taxable income over $48,535 up to $97,069 + |
26% on the portion of taxable income over $97,069 up to $150,473 + |
29% on the portion of taxable income over $150,473 up to $214,368 + |
33% of taxable income over $214,368 |
Provincial Tax
|
2021 |
10% on the first $131,220 of taxable income + |
12% from $131,220 to $157,464 + |
13% from $157,464 to $209,952 + |
14% from $209,952 to $314,928 + |
15% on taxable income above $314,928 |
|
2020 |
10% on the first $131,220 of taxable income + |
12% from $131,220 to $157,464 + |
13% from $157,464 to $209,952 + |
14% from $209,952 to $314,928 + |
15% on taxable income above $314,928 |