Jan 2025 Tax Calendar Canada

Jan 2025 Tax Calendar Canada. Canada's income tax brackets have changed. The 2025 tax season is marked by significant updates to tax brackets, credits, and deductions.

1, federal income tax bracket thresholds in canada will rise 2.7 per cent across all brackets, compared to a 2024 rise of 4.7 per cent and a 2023 rise of 6.3 per cent. 1, federal income tax bracket thresholds in canada will rise 2.7 per cent across all brackets, compared to a 2024 rise of 4.7 per cent and a 2023 rise of 6.3 per.