What Is The Tax Bracket For 2024 Canada. The federal tax brackets and personal tax credit amounts are increased for 2024 by an indexation factor of 1.047 (a 4.7% increase). The amounts assume that all income is interest, ordinary income (such as salary) and/or taxable capital gains, and.
Discover key strategies like maximizing deductions, planning for future. Plug in a few numbers and we’ll give you visibility into your tax bracket, marginal tax rate, average tax rate, and payroll tax.